Welcome to an exceptional investment opportunity in the heart of Springfield. This multi-family property presents an enticing prospect for investors seeking real estate in a prime location Second floor is vacant and basement are available for immediate showings. First & third floor have long term tenants. Please, Do Not Disturb the tenants. Don't miss out on this opportunity to secure a well-positioned, income-producing multi-family. Whether you're an experienced investor looking to expand your portfolio or just starting on your real estate investment journey, this property is a must-see! This home is conveniently located near Baystate Medical & Mercy Hospitals, MGM Casino with easy access to major highways. This home has a lot of potential, make your appointment today.
Sold for $375,000 on 11/02/23
$375,000
524 Armory St, Springfield, MA 01104
8beds
3,753sqft
3 Family
Built in 1903
-- sqft lot
$469,600 Zestimate®
$100/sqft
$1,938 Estimated rent
Home value
$469,600
$437,000 - $498,000
$1,938/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 02, 2023 at 01:00pm
Listed by:
Lynn Raleigh 413-374-7213,
Right Key Realty Inc. 413-297-1570
Bought with:
Lino Carrasquillo
Executive Real Estate, Inc.
Source: MLS PIN,MLS#: 73162706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,753
- Total interior livable area: 3,753 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 5,249 sqft
Details
- Parcel number: 2571662
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 1855
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2023 | Sold | $375,000+15.4%$100/sqft |
Source: MLS PIN #73162706 | ||
| 9/22/2023 | Listed for sale | $325,000+622.2%$87/sqft |
Source: MLS PIN #73162706 | ||
| 6/30/1993 | Sold | $45,000$12/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,911 +44.3% | $377,000 +47.8% |
| 2024 | $4,097 +51.1% | $255,100 +60.4% |
| 2023 | $2,711 -19.3% | $159,000 -10.9% |
Find assessor info on the county website
Neighborhood: Liberty Heights
Nearby schools
GreatSchools rating
- 7/10Alfred G Zanetti SchoolGrades: PK-8Distance: 0.1 mi
- 3/10The Springfield Renaissance SchoolGrades: 6-12Distance: 1.1 mi
- 1/10Springfield Public Day Elementary SchoolGrades: 1-5Distance: 0.2 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$469,600
2% more+ $9,392
With Zillow Showcase(estimated)
$478,992