40 Warriner Ave Springfield MA 01108 MLS #73262767

40 Warriner Ave
Springfield, MA, 01108
$1,499,999
19 Beds
12 Baths
13,755 SqFt
0.16 Acres
$1,499,999
40 Warriner Ave
Springfield, MA, 01108
Stunning 12-Unit Apartment Building in Prime Location! Welcome to your next investment opportunity. This exceptional 12-unit apartment building is fully occupied, perfectly situated in a highly desirable neighborhood on a dead-end street with an adjacent lot (0.16 acres/7,000sqft) that is also for sale (MLS #73262765). The building comprises a mix of spacious one-bedroom and two-bedroom units with two units convertible from one to two bedrooms. Each unit has been thoughtfully designed with modern amenities and stylish finishes, ensuring a high-quality living experience for tenants. With a strong rental history and high demand in the area, this building presents a lucrative investment opportunity. The well-maintained property ensures low maintenance costs and steady cash flow. This 12-unit apartment building is a rare find in such a prime location.

Property Details

Price:
$1,499,999
MLS #:
73262767
Status:
Pending
Beds:
19
Baths:
12
Address:
40 Warriner Ave
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Springfield
Listed Date:
Jul 10, 2024
State:
MA
Finished Sq Ft:
13,755
Total Sq Ft:
13,755
ZIP:
01108
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1913
Units:
12

Schools

Interior

Bathrooms
12 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Highway Access
Construction Materials
Frame, Brick
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
5
Roof
Rubber

Financial

Net Operating Income
$125,205
Tax Year
2023
Taxes
$10,508
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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