Come check out this great professionally managed investment opportunity! This 3 family which is fully occupied and has many updates including a newer roof. Short distance to Starbucks, McDonalds, MGM Casino, and major highway. This property also has its own driveway with a two-car garage and small backyard. Tenants pay their own utilities. Each unit has its own newer gas force hot air heating. Lead Certs for all 3 units. This property produces over $53,700 in revenue! Schedule a showing today!
Sold for $410,000 on 10/27/23
$410,000
38 Rutledge Ave, Springfield, MA 01105
8beds
3,041sqft
3 Family - 3 Units Up/Down
Built in 1897
-- sqft lot
$477,700 Zestimate®
$135/sqft
$2,659 Estimated rent
Home value
$477,700
$449,000 - $506,000
$2,659/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 30, 2023 at 09:33am
Listed by:
Heung Poon 781-816-7183,
MP Signature Realty LLC 781-322-6928
Bought with:
Richard E. Machado
Fidelis, The Buyer's Agent
Source: MLS PIN,MLS#: 73165503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,041
- Total interior livable area: 3,041 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 4,430 sqft
- Features: Other
Details
- Parcel number: S:10485 P:0008,2604495
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Brick/Mortar
Condition
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 4475
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $410,000+13.9%$135/sqft |
Source: MLS PIN #73165503 | ||
| 10/5/2023 | Contingent | $360,000$118/sqft |
Source: MLS PIN #73165503 | ||
| 10/2/2023 | Listed for sale | $360,000+9.1%$118/sqft |
Source: MLS PIN #73165503 | ||
| 6/5/2023 | Listing removed | $330,000$109/sqft |
Source: MLS PIN #73113235 | ||
| 5/25/2023 | Contingent | $330,000$109/sqft |
Source: MLS PIN #73113235 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,116 +19.4% | $326,300 +22.3% |
| 2024 | $4,283 +17.3% | $266,700 +24.5% |
| 2023 | $3,652 -1.8% | $214,200 +8.4% |
Find assessor info on the county website
Neighborhood: South End
Nearby schools
GreatSchools rating
- 1/10Springfield Public Day Elementary SchoolGrades: 1-5Distance: 1.9 mi
- 1/10South End Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10High School Of CommerceGrades: 9-12Distance: 0.9 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$477,700
2% more+ $9,554
With Zillow Showcase(estimated)
$487,254