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  • $5,600,000

    246-246 Union St #262, Springfield, MA 01105

    65beds
    55,280sqft
    5+ Family - 5+ Units Up/Down
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $101/sqft
    $-- Estimated rent

    What's special

    Welcome to 246-262 Union Street, where an exceptional investment opportunity awaits. Presenting a meticulously maintained 64-unit apartment building. This property promises not only a lucrative return on investment but also a chance to be a part of the thriving real estate market in this vibrant city. The owner has spared no expense in updating many of the units within the building, ensuring modern amenities and comforts for residents. From refreshed interiors to upgraded fixtures, these units offer contemporary living spaces that cater to the needs of tenants. This building consists of (19) studios, (25) 1 bedrooms, and (20) 2 bedroom apartments as well as 18 garage spaces. With its updated units, diverse unit mix, and convenient amenities, this 64-unit apartment building presents an excellent investment opportunity with multiple avenues for revenue generation.

    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2024 at 06:24pm

    Listed by:

    Andrew Rodman,

    Lock and Key Realty Inc.

    Bought with:

    Andrew Rodman

    Lock and Key Realty Inc.

    Source: MLS PIN,MLS#: 73207066

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 65
    • Bathrooms: 64
    • Full bathrooms: 64
    Features
    • Flooring: Vinyl, Hardwood
    • Windows: Insulated Windows
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 55,280
    • Total interior livable area: 55,280 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street
    • Garage spaces: 18
    • Has uncovered spaces: Yes
    Lot
    • Size: 1.13 Acres
    Details
    • Parcel number: S:11750 P:0062
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Foundation: Block
    • Roof: Rubber
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Oven

    Community & neighborhood

    Community
    • Community features: Public Transportation, Laundromat, Public School
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 2700
    Services availability