76 Bay StreetSpringfield, MA 01109MLS Number 72868257

  • Price: $960,000
  • Est. Mortgage of $/month
  • 15 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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76 Bay Street Springfield MA 0110976 Bay Street Springfield MA 0110976 Bay Street Springfield MA 0110976 Bay Street Springfield MA 01109
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  • 28Bedrooms
  • 0.46Acreage
  • 10Bathrooms
  • 1920Year Built

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Property being offered as a 2 property package (76 Bay Street and 72 Bay Street) for $960,000. Or property can be purchased as 3 property package with 20 Florida Street for 1.2M (see MLS 72805036). 76 Bay Street is a 4 story, 8 unit building. Current monthly gross income is $10,994. 72 Bay Street is a 8/5/2 colonial SF with gross rent of $2,233/monthly. 8 of the 9 units presently leased to Wayfinders. 72 Bay lease renews 11/21, 7 units at 76 Bay Street renew 3/22. These agreements automatically increase 1 1/2% upon renewal or can be terminated with 60 days prior notice. Attached to listing are 2021 expenses/income and same information for 1st 6 months of 2021. Fence enclosed investment compound featuring ample parking and green space. Zero rent loss, Zero vacancy, Zero non-payment issues throughout pandemic. Can other investments claim the same?
Listed by James Morrissey and Lynn Morrissey of Torrey & Associates R. E.

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More Info

Parking

  • Garage Spaces
  • Parking Spaces16
  • Parking DescriptionOff-Street, Paved Driveway
  • Total Parking Spaces16

Building

  • Year Built1920
  • ConstructionFrame, Brick
  • Bathroom10
  • Full Bath10
  • Bedrooms28
  • Total Brs28
  • Total Fbh10
  • Total Flrs11
  • Total Levels6
  • No Rooms28
  • Total Rms48
  • Total Rooms28
  • Levels4
  • Levels 12
  • Levels 21
  • Levels 31
  • Levels 41
  • BasementYes
  • Bedrms 15
  • Bedrms 22
  • Bedrms 33
  • Bedrms 43
  • FoundationBrick
  • DirectionBetween St. James and Florida Street, near CVS.
  • Terms FeatureContract for Deed
  • Rms 18
  • Rms 25
  • Rms 35
  • Rms 45
  • Lead PaintCertified Treated
  • Units9

Utilities

  • Heat Units9
  • Heat Zones9
  • Cooling Units8
  • Electric FeatureCircuit Breakers, 100 Amps, Individually Metered
  • Elec25490
  • Energy FeaturesInsulated Windows, Insulated Doors
  • WaterCity/Town Water
  • Hot WaterNatural Gas, Tank
  • Cooling Zones8
  • SewerCity/Town Sewer
  • Sew4387

Basic Information

  • Property Type5-9 Family
  • Date Listed07/20/2021
  • List Price$960,000
  • Price Per Sq Ft$74
  • Status Date2021-07-20T08:19:00
  • MLS Number72868257
  • MLS StatusActive

Interior

  • Ife Dscrp 4Wood Flooring
  • Ife Dscrp 3Wood Flooring
  • Ife Dscrp 1Cable TV Available, Wood Flooring, Remodeled
  • Ife Dscrp 2Wood Flooring
  • Rms Dscrp 2Living Room, Dining Room, Kitchen
  • Rms Dscrp 3Living Room, Kitchen
  • Rms Dscrp 4Living Room, Kitchen
  • Rms Dscrp 1Living Room, Dining Room, Kitchen, Laundry
  • Col Dscrp 4Central Air
  • Col Dscrp 3Central Air
  • Col Dscrp 1None
  • Col Dscrp 2Central Air
  • App Dscrp 3Range, Disposal, Microwave, Refrigerator
  • App Dscrp 4Range, Disposal, Microwave, Refrigerator
  • App Dscrp 2Range, Disposal, Microwave
  • App Dscrp 1Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup
  • Basement FeatureFull, Walk Out
  • F Bths 21
  • F Bths 12
  • Hea Dscrp 1Forced Air, Gas
  • F Bths 31
  • Hea Dscrp 2Forced Air, Gas
  • Hea Dscrp 3Forced Air, Gas
  • Hea Dscrp 4Forced Air, Gas
  • Flrs 11
  • Flrs 21
  • Flrs 32
  • FlooringWood
  • F Bths 41
  • Flrs 43

Photos

  • Number of Photos4
  • Photo Date2021-07-20T17:06:00
  • Prop TypeMF

Location

  • Street Num76
  • Building Number76
  • StreetBay Street
  • TownSpringfield
  • StateMA
  • Zip01109
  • CountyHampden
  • Adult CommunityNo

Property

  • Acreage0.46
  • Lot Size20034
  • Square Feet12,948
  • Lease 1Y
  • Lease 2N
  • Lease 3Y
  • Lease 4Y
  • Rent41442
  • Rnt Dscrp 2Water
  • Lot DescriptionPaved Drive, Cleared, Fenced/Enclosed, Level
  • Rent31442
  • Rent2900
  • Rnt Dscrp 3Heat, Electric, Hot Water
  • Rent12233
  • Rnt Dscrp 4Heat, Electric, Hot Water
  • Rnt Dscrp 1Heat, Electric, Hot Water
  • Total Rent13227
  • Assessments820200
  • Main LoBB4555
  • Road TypePublic, Paved, Publicly Maint., Sidewalk

Exterior

  • ColorBrick
  • ExteriorVinyl, Brick
  • Exterior Features
    • Deck
    • Deck - Roof
    • Deck - Wood
    • Fenced Yard
    • Gutters
    • Handicap Access
    • Porch
    • Porch - Enclosed
    • Screens
  • Roof MaterialAsphalt/Fiberglass Shingles, Rubber

Amenities

  • Other AmenitiesBasement

Water Body

  • WaterfrontNo
  • BeachfrontNo

Other

  • UffiUnknown
  • Wse4387
  • WarrantyNo
  • Year Built DescrpActual
  • Apod AvailableNo
  • Insc6882
  • Rfs2364
  • Noi38669
  • View Count2

Springfield, MA Demographics

There is no data available

Springfield, MA Real Estate Market Data

There is no data available

Springfield, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the Images, 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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