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99 103 Federal

Springfield, MA 01105

28 beds
24 baths
16,908 sqft
9,764 sqft lot
$131 per sqft
1910 build
– on site

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Portfolio expansion opportunity is here for you at 99 Federal in Springfield, MA. This building has recently been professionally stabilized. More than 50% of the units have been renovated and freshened up. Tenants are responsible for their own electricity and should they have a gas range, they handle that expense. Building ownership is responsible for the hot water and heat. These efficient systems are separate, both gas powered with the hot water system newly installed beginning of this year. The professional property management company is off site and can continue to management the property once purchased. Although the laundry system is not operable, you can easily bring it back to life. The location of this beautiful building is among many other well maintained complexes with tree lined sidewalks, public transit stops, and convenience within the Springfield Metro center. Be sure to reach out for operational data and to discuss this business opportunity!!

Listing courtesy of MLSPIN / Patriot Living Group / Lock and Key Realty Inc.

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# 73182661 —

The Building

Year Built:

1910
Year Built Details:

Renovated Since
Year Built Source:

Public Records
Construction Materials:

Brick
Roof:

Rubber
Basement:

Full
Foundation Area:

5621
Foundation Details:

Brick/Mortar
Exterior Features:

Professional Landscaping
Door Features:

Insulated Doors
Window Features:

Insulated Windows
Stories Total:

5
# of Units Total:

24
Building Area Total:

16908
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

48
Flooring:

Vinyl / VCT
Fireplace:

false

Room Dimensions

Living Area:

16908

Location

Directions:

GPS Friendly
Latitude:

42.113341
Longitude:

-72.580642

The Property

Parcel Number:

049970022
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Features:

Cleared
Lot Size Units:

Acres
Lot Size Area:

0.22
Lot Size SqFt:

9764
Lot Size Acres:

0.22
Zoning:

B1
Fencing:

Fenced/Enclosed
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Block:

503
Tax Book Number:

25133
Tax Annual Amount:

21205
Tax Assessed Value:

1226800

Beds

Bedrooms Total:

28

Baths

Total Baths:

24
Total Baths:

24
Full Baths:

24

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Utilities:

for Gas Range
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/30/24 Apr 30, 2024	Sold	MLSPIN	$2,215,000	-3.7%
3/21/24 Mar 21, 2024	Pending	MLSPIN	$2,299,000
3/7/24 Mar 7, 2024	Sold Subject To Contingencies	MLSPIN	$2,299,000

Multifamily Sold on 4/30/2024

$2,215,000

Listing provided by broker:

Patriot Living Group

Lock and Key Realty Inc.

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Listing Courtesy of: MLSPIN and Lock and Key Realty Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

99 103 Federal

Springfield, MA 01105