Back on Market due to buyers loosing financing. Property already appraised for $349,000. Seller willing to pay credits towards closing costs. Wow check out this amazing fully lead compliant Multi-Family in Springfield! The 2nd and 3rd floor has been recently updated and will be delivered vacant! The property features newer roof, newer windows, newer gas boilers and electric. The property has been meticulously gone through and is turn key ready! Located in the very desirable Forest Park area of Springfield. Don't Miss Out On Your Opportunity To Own This Cash Cow! Call/Text and schedule your showing today!
This home has been viewed 42 times
Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #73051145)
Gross Income: $10,500
Gross Expenses: $4,031
Net Income Calc: $6,469
CAP Rate: 1.90%
Annual Expenses for 15 Kimberly Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$4,031/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,031
Annual Income & Unit Breakdown for 15 Kimberly Ave, Springfield MA 01108
Total Gross Income (Calculated)$10,500
Unit 1
Rental Income$875
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 15 Kimberly Ave, Springfield MA 01108
Listing ID73051145
Property TypeMulti Family
Price$339,900 ($113.64/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total2,991 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
Garage Parking
Year Built1915
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Brick
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 15 Kimberly Ave, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$10,500
Total Net Income By Broker$10,500
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensationtbd
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 15 Kimberly Ave, Springfield MA 01108
Real Estate Taxes$4,031
Tax Year2022
Assessed Value$214,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$10,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$10,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.90%
Location Information for 15 Kimberly Ave, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 15 Kimberly Ave, Springfield MA 01108