Skip To Content

    76 Bay Street

    Springfield, MA 01109
    • $950,000
    • STATUS: Active
    • MLS #: 72805026
    UPDATED: 20 min ago
    $950,000
    • 28
      BEDS
    • 0.46
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 12,948
      SQFT
    • $73
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of James Morrissey Jr. of Torrey & Associates R. E..

    Description

    Sale includes 76 Bay Street (a brick, 4 story, 8 unit building) and 72 Bay Street (8/5/2 Colonial). Only 1 (@ $900, single man) of 9 units TAW. Wayfinders Units renew (optional) annually with 1.5% annual increases. DeLead Certs all 9 units. Current monthly gross of $13,227. provides strong cash flow. The 8 units rent includes gas/electric. 72 Bay St renewal 11/21, 76 Bay St renewals 3/22. Large units. Substantial Parking, fence enclosed property compound. 76 Bay Street comprehensively renovated in 2006-2007; 72 Bay Street comprehensively renovated 2018. Very turn key property. Can be a 3 property package with 20 Florida Street for 1.2 Million. Call listing broker for further details. Sale includes coin op in 76 Bay St and 8 refrigerators. Taxes, assessment, lot size, living space & square footage area is both properties. Expenses combined: Gas - $7,329. Elec. - $25,490. Water - $4,387. Sewer - $4,387. Insurance - $6,882. Trash Removal - $2,364. Combined annual gross income $158,724.

    Monthly Payment Calculator



    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-10T20:07:26.27.
    www.gillachgroup.com/homes/115542778
    Print Image

    76 Bay Street Springfield, MA 01109

    • Price: $950,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 72805026
    28
    Beds
    10
    Baths
    0
    ½ Baths
    0.46
    Acres
    12,948
    SQFT
    $73
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Hampden
    Area:
    Other
    Property Description
    Sale includes 76 Bay Street (a brick, 4 story, 8 unit building) and 72 Bay Street (8/5/2 Colonial). Only 1 (@ $900, single man) of 9 units TAW. Wayfinders Units renew (optional) annually with 1.5% annual increases. DeLead Certs all 9 units. Current monthly gross of $13,227. provides strong cash flow. The 8 units rent includes gas/electric. 72 Bay St renewal 11/21, 76 Bay St renewals 3/22. Large units. Substantial Parking, fence enclosed property compound. 76 Bay Street comprehensively renovated in 2006-2007; 72 Bay Street comprehensively renovated 2018. Very turn key property. Can be a 3 property package with 20 Florida Street for 1.2 Million. Call listing broker for further details. Sale includes coin op in 76 Bay St and 8 refrigerators. Taxes, assessment, lot size, living space & square footage area is both properties. Expenses combined: Gas - $7,329. Elec. - $25,490. Water - $4,387. Sewer - $4,387. Insurance - $6,882. Trash Removal - $2,364. Combined annual gross income $158,724.
    Exterior Features

    Beachfront No Color Brick Construction FrameBrick Exterior VinylBrick Exterior Features PorchPorch - EnclosedDeckDeck - RoofDeck - WoodHandicap AccessGuttersScreensFenced Yard Foundation Brick Lot Description Paved DriveClearedFenced/EnclosedLevel Parking Features Off-StreetPaved Driveway Parking Spaces 16 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeMicrowaveRefrigerator Appliances Unit2 RangeDisposalMicrowave Appliances Unit3 RangeDisposalMicrowaveRefrigerator Appliances Unit4 RangeDisposalMicrowaveRefrigerator Basement Yes Basement Features FullUnfinished BasementExterior Access Bedrooms Unit1 5 Bedrooms Unit2 2 Bedrooms Unit3 3 Bedrooms Unit4 3 Cooling Unit1 None Cooling Unit2 Central Air Cooling Unit3 Central Air Cooling Unit4 Central Air Cooling Units 8 Cooling Zones 8 Energy Features Insulated WindowsInsulated Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodVinylVaries Per UnitHardwood Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 2 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 9 Heat Zones 9 Heating Unit1 Forced AirGas Heating Unit2 Forced AirGas Heating Unit3 Forced AirGas Heating Unit4 Forced AirGas Hot Water ElectricTank Interior Features Unit1 Lead Certification AvailableHardwood Floors Interior Features Unit2 Hardwood Floors Interior Features Unit3 Hardwood Floors Interior Features Unit4 Hardwood Floors Levels 4 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 28 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 8 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    Adult Community No Amenities Public TransportationShoppingParkLaundromatHighway AccessHouse Of WorshipPublic SchoolUniversity Apod Available No Assessments 820200.00 Disclosure No Disclosures Lb is Owner; 8 Of 9 Units Leased To WayfindersSale Will include Parking Easement Upon 20 Florida Street. Disclosure: See Remarks And Firm Remarks For income And Expense information. Input Only Allows For 5 Units Out Of Nine!! Rents As Follows: 72 Bay - $2233/Mo; 76 Bay - 1 @ $9007@ $1442/Mo. Electric Features 220 VoltsCircuit Breakers100 AmpsIndividually Metered Expenses Source Owner Provided Expenses Year End 12/20 Gross Operating Income 89508 Lead Paint Certified Treated Lease Unit1 Y Lease Unit2 N Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 89508 Rent Description Unit1 HeatElectricHot Water Rent Description Unit2 Water Rent Description Unit3 HeatElectricHot Water Rent Description Unit4 HeatElectricHot Water Rent Unit1 2233 Rent Unit2 900 Rent Unit3 1442 Rent Unit4 1442 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 15502.00 Terms Contract For Deed UFFI No Utility Connections For Electric RangeFor Electric DryerWasher Hookup Warranty No Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Res A

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of James Morrissey Jr. of Torrey & Associates R. E..


    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-10T20:07:26.27.
     
    https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72805026_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72805026_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72805026_1.jpg
    Logo
    The Gillach Group | William Raveis Real Estate
    191 Grove Street
    Chestnut Hill MA, 02467
    Listing courtesy of James Morrissey Jr. of Torrey & Associates R. E..