Opportunity knocks with this large Duplex in Forest Park! Over 3100 square feet in this Sage Green Wood Sided home with 7 Rooms, 4 Bedrooms and 1.5 Baths and a Fireplace in each unit. Both units have 1st Floor Laundry! This well cared for Owner-Occupied home features a large, fenced yard, built in sheds on rear of home, enclosed porches, with a rear deck on left unit. Left unit also has Vinyl Replacement Windows. Newer heating units, Newer Roof, and newer electrical! What's not to love about this one! Zestimate places value at $378,000! Great property for Investors or Owner occupiers! Don't miss this one!****SHOWINGS BEGIN 12/21/2023
This home has been viewed 63 times
Last Checked: October 7th, 2024 at 4:24pm (Source: MLS PIN #73187993)
Gross Income: $25,200
Gross Expenses: $3,449
Net Income Calc: $21,751
CAP Rate: 7.25%
Annual Expenses for 74-78 Leyford Terrace, Springfield MA 01108
Total Gross Expenses (Calculated)$3,449/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,449
Annual Income & Unit Breakdown for 74-78 Leyford Terrace, Springfield MA 01108
Total Gross Income (Calculated)$25,200
Unit 1
Rental Income$2,100
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit3
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit3
HeatingNo
Rent IncludesNo
General Information for 74-78 Leyford Terrace, Springfield MA 01108
Listing ID73187993
Property TypeMulti Family / 2 Family
Price$299,900 ($94.01/SqFt)
Style2 Family - 2 Units Side By Side
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,190 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking8
Garage Parking
Year Built1922
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesNo
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 74-78 Leyford Terrace, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure74 occupied; 78 vacant and available to show
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$25,200
Total Net Income By Broker$25,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 74-78 Leyford Terrace, Springfield MA 01108
Real Estate Taxes$3,449
Tax Year2023
Assessed Value$202,300
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$25,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$25,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.25%
Location Information for 74-78 Leyford Terrace, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, University
Contact Information for 74-78 Leyford Terrace, Springfield MA 01108