Buyer got cold feet!Great opportunity here; two family home with lots of potential; Home is currently occupied with long term tenants on month to month leases. Rents are well below market, and the building is priced accordingly; Lots of upward potential here; Managed correct...
This home has been viewed 31 times
Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #72977549)
Gross Income: $30,000
Gross Expenses: $6,409
Net Income Calc: $23,591
CAP Rate: 11.80%
Annual Expenses for 15-17 Huntington Street, Springfield MA 01107
Total Gross Expenses (Calculated)$6,409/year
APOD AvailableNo
Heating
Electricity
Water$2,023
Gas$2,023
Insurance$1,538
Sewer$2,023
Trash Removal$180
Repair & Maintenance$400
Management
Miscellaneous
Real Estate Tax$2,268
Annual Income & Unit Breakdown for 15-17 Huntington Street, Springfield MA 01107
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$1,250
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(heat, Water)
Unit 2
Rental Income$1,250
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(heat, Water)
General Information for 15-17 Huntington Street, Springfield MA 01107
Listing ID72977549
Property TypeMulti Family
Price$200,000 ($60.61/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,300 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking0
Garage Parking
Year Built1903
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar,Irregular
Accessible Features
Outdoor Space
Zoningr3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 15-17 Huntington Street, Springfield MA 01107
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureSeller has never lived in the home
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceLimited Information, Other (see Remarks)
Total Gross Expenses By Broker$6,545
Total Gross Income By Broker$24,900
Total Net Income By Broker$18,355
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 15-17 Huntington Street, Springfield MA 01107
Real Estate Taxes$2,268
Tax Year2021
Assessed Value$120,000
Financial Data SourceLimited Information, Other (see Remarks)
Total Gross Expenses By Broker$6,545
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,900
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,355
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)11.80%
Location Information for 15-17 Huntington Street, Springfield MA 01107
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 15-17 Huntington Street, Springfield MA 01107