57-59 Martha Street

Springfield, MA 01151

$249,900
Price
4
Beds
2
Baths
1,976 Sq. Ft.
$126 / Sq. Ft.
1,976
Sq. Ft.
$126
per Sq. Ft.

Description

Charming 2-family home located at 57-59 Martha St in the Indian Orchard section of Springfield, offering a fantastic investment opportunity! While this property is in need of some work, it presents great potential for renovation and value-add. Perfect for owner-occupants or investors looking to customize and build equity. Situated in a convenient location close to shopping, schools, and major highways. Property being sold in "AS-IS" condition. Don't miss out on this opportunity to bring this home...Charming 2-family home located at 57-59 Martha St in the Indian Orchard section of Springfield, offering a fantastic investment opportunity! While this property is in need of some work, it presents great potential for renovation and value-add. Perfect for owner-occupants or investors looking to customize and build equity. Situated in a convenient location close to shopping, schools, and major highways. Property being sold in "AS-IS" condition. Don't miss out on this opportunity to bring this home back to life!
  1. Listed by Carlos Dos Santos Jr. • Ideal Real Estate Services, Inc.

Property Details for 57-59 Martha Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
2
Parking Spaces
2.00
Parking Spaces Total
4
LISTING UPDATED: 11/13/2024 01:02 PM

Property Details for 57-59 Martha Street

StatusActive
MLS #73309893
Days on Market47
Taxes$4,018 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1924
CountyHampden County

Building Information for 57-59 Martha Street

Stories3Residences2Year Built1924Building Size-Lot Size0.12 AC / 5,401 SF

Property Information for 57-59 Martha Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, Sidewalks
  • Living Area: 1976.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Porch - Enclosed
  • Fencing: Fenced
  • Lot Description: Level
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Steam, Oil, Individual, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: This property is being sold in "AS-IS" condition,all offers must state the same. This property will not pass an typical FHA inspection. Units will be delivered occupied at closing. Both units are current with rent.
Tax Information
  • Tax ID: S:08315 P:0013,2594604
  • Assessments: $250,200
  • Book: 5603
  • Tax Year: 2024
  • Zoning: B2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • GOI: $14,640.00
  • GRE: $1,150
  • RFS: $180
  • NOI: $13,490.00
  • Operating Expense: $1,150.00
  • WSE: $970.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,220.00

Property History for 57-59 Martha Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 57-59 Martha Street

Taxable ValueLand$40,800Additions$209,400Total$250,200
Tax Record2024$4,018 ($335 / month)
Home Facts
Baths2Total Finished SqFt1,976 SqFtAbove Grade Finished SqFt1,976 SqFtStories2Lot Size5,401 SqFtStyleDuplexYear Built1924ZoningB2CountyHAMPDENAPNSPRI S:08315 P:0013

Schools near 57-59 Martha Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Indian Orchard Elementary School
PublicPK to 5

John F Kennedy Middle School
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

High School/Science-Tech
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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57-59 Martha Street is a multi-family home for sale in Springfield, MA 01151. This property was listed for sale on November 5, 2024 by Ideal Real Estate Services, Inc., it's currently listed at $249,900. This listing's school district is Springfield School District. Nearby schools include Indian Orchard Elementary School, John F Kennedy Middle School and Putnam Vocational Technical High School. 57-59 Martha Street is a 4-bed, 2-bath, 1,976 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ideal Real Estate Services, Inc., Carlos Dos Santos Jr.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.