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73-75 Sylvan St, Springfield MA 01108

$270,000

Estimated $754.63/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $135,000

Total Rent: 20100/year

Estimated CAP Rate: 2.33%

6 Bedrooms

2 Full Baths

3,442 SqFt

Total Parking: 3 (1 Garage)

6,621 SqFt

Nice large 2 family victorian in the Forest Park area. Second story unit has an upstairs with a second bathroom. Fenced-in yard, off-street parking. Tenants have been there for 10+ years. The property needs some TLC. Has lots of potential near many amenities. 24 hour notice to tenants is needed before showing.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73054392)

Gross Income: $20,100

Gross Expenses: $13,802

Net Income Calc: $6,298

CAP Rate: 2.33%

Beach Front

Annual Expenses for 73-75 Sylvan St, Springfield MA 01108

Total Gross Expenses (Calculated)$13,802/year

APOD AvailableNo

Heating

Electricity

Water$2,000

Gas$2,000

Insurance$5,600

Sewer$2,000

Trash Removal$400

Repair & Maintenance$2,000

Management

Miscellaneous

Real Estate Tax$3,802

Annual Income & Unit Breakdown for 73-75 Sylvan St, Springfield MA 01108

Total Gross Income (Calculated)$20,100

Unit 1

Rental Income$775

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$900

LeaseN

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 73-75 Sylvan St, Springfield MA 01108

Listing ID73054392

Property TypeMulti Family

Price$270,000 ($78.44/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,442 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking3 (1 Garage)

Garage Parking1 / Detached

Year Built1912

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front

Energy Features

Terms

Disclosures for 73-75 Sylvan St, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$400

Total Gross Income By Broker$19,200

Total Net Income By Broker$18,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 73-75 Sylvan St, Springfield MA 01108

Real Estate Taxes$3,802

Tax Year2022

Assessed Value$202,000

Financial Data SourceEstimated

Total Gross Expenses By Broker$400

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$19,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$18,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.33%

Location Information for 73-75 Sylvan St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 73-75 Sylvan St, Springfield MA 01108

Agent

Name: Roseann Caliento

Office

Name: Santaniello Real Estate

Phone: 413-733-2975

Team Members

Payment Calculator

, Interest

Property Taxes 316.83

Principal & Interest 1663.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Santaniello Real Estate

Roseann Caliento

Agent Phone

Office Phone

(413) 733-2975

Text Agent Call Agent Call Office

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EXIT