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Properties Auctioned Off in Springfield

SPRINGFIELD, Mass. (WGGB) — Forty-four city-owned properties were auctioned off Tuesday night in Springfield.

There were 14 houses, 16 residential lots, 13 commercial lots and one commercial property on the auction block.

Auctioneers and buyers say events like this can have a great outcome for everyone involved.

“It’s a win-win situation,” said James Chiccino of Daniel Flynn Auction Company. “It’s a win for the city because they get a quick infusion of cash, and they get the property back on the tax rolls again.”

“I think it’s a great opportunity,” said buyer Stephen Wagner. “I mean, it’s not as easy when you start rehabbing it. The city makes you jump through a few hoops. It can get a little bit complicated, but if you can get through it, it’s a great opportunity.”

 

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WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.
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