12-16 Parker St, Springfield, MA 01151

Indian Orchard



Approx. GLA
Maximum visibility location...Priced to sell ,,..Money maker.. Seller retiring.... Mixed use property, 3 Family House with two Store Fronts ( 5 Rents) and two lots cornering Main and Parker St.. Ideal Main and Parker Sts location for maximum visibility. Mixed use property, total of 3 parcels. Business Zoned with 2 Store Fronts, 3 Apartments, a Vacant land on the side of the property facing Main and Parker St and a House in the back of the Property. This brick exterior house needs Re-Hab due to a fire. Plenty of Parking. Great income potential. (see attachments of plot plans from city GIS) MAP ID: #'s 095100002/095100003/095100005
Open House
No scheduled Open Houses
Terms: Contract for Deed
Area/Village: Indian Orchard
List Price: $299,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Active
Beds: 6
Baths: 3
Units: 5
Year Round: Yes
MLS#: 72454568
Basement: Yes
Heating Zones: 6
Rooms: 14
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Water: No
Facing: East
Acres: 0.25
Lot Size: 11,034.00
Lot Description: Additional Land Avail.
Foundation: Other (See Remarks)
Garage Spaces: 3
Parking Spaces: 4
Road Type: Public, Paved, Publicly Maint., Sidewalk
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $382,980
Taxes: $9,606
Tax Year: 2019
Book/Page: 6089/216
Beach: No
Gross Income: $48,000
Total Rent: $4,000
Net Income: $29,400
Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, House of Worship
Disclosure Declaration: No
Disclosure: Seller has Lead Compliance Certificates for 2 of the Apartments. Single Family home on Property needs Re-hab due to a fire "Where is, As is". Taxes $9,606.04 is the total of all parcels combined.
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 4 0 2 1 0 No 2 $1,100
Unit 2 4 2 0 1 1 0 No 0 $600
Unit 3 3 1 1 1 $750
Units Extras
Unit 1
Rent Includes:  Water  Heating:  Central Heat, Gas 
Unit 2
Rent Includes:  Water 
Unit 3
Rent Includes:  Water  Heating:  Central Heat, Gas 
Rooms:  Other (See Remarks) 
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The listing office is Grace Group Realty and the listing agent is Grace Dias. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
Grace Dias
Grace Dias
Grace Group Realty