93 Florence St Springfield MA 01105 MLS #73274651

93 Florence St
Springfield, MA, 01105
$1,275,000
15 Beds
12 Baths
8,109 SqFt
0.15 Acres
$1,275,000
93 Florence St
Springfield, MA, 01105
Come check out this 12-unit building with rents totaling $12,000 per month. 10 out of the 12 units are filled with long term tenants, with plenty of upside to increase rents to $13,800 per month! 12 new tankless water heater & boiler system was just installed in 2024! This building is well maintained, with vinyl siding, a fenced in yard, and separated utilities for all units! There are (9) 1-bedroom units, and (3) 2-bedroom units! 2 units are subsidized, with guaranteed monthly rents. No showings until open house, Sunday August 11th, 2024, 11:00am-1:00pm.

Property Details

Price:
$1,275,000
MLS #:
73274651
Status:
Pending
Beds:
15
Baths:
12
Address:
93 Florence St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Springfield
Listed Date:
Aug 7, 2024
State:
MA
Finished Sq Ft:
8,109
Total Sq Ft:
8,109
ZIP:
01105
Lot Size:
6,473 sqft / 0.15 acres (approx)
Year Built:
1900
Units:
12

Schools

Interior

Bathrooms
12 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Construction Materials
Frame
Roof
Rubber

Financial

Net Operating Income
$100,452
Tax Year
2024
Taxes
$15,528
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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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