Overview Property Details Payment Calculator Walkability

Closed

41-43 Lansing Place, Springfield MA 01108

$275,000

Estimated $715.74/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $137,500

Total Rent: 18900/year

Estimated CAP Rate: 5.70%

4 Bedrooms

2 Full, 2 Half Baths

2,176 SqFt

Total Parking: 6 (2 Garage)

5,031 SqFt

Investors AND Owner-Occupants WELCOME. Motivated Seller - Nice two-family on a cul-de-sac street. One Unit CAN be sold VACANT on purpose for Owner-Occupancy. Newer roofs, replacement windows, vinyl siding, updated electric, and more. No Lead Paint due to Year Built 1987. Lau...

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #72967290)

Gross Income: $18,900

Gross Expenses: $3,238

Net Income Calc: $15,662

CAP Rate: 5.70%

Annual Expenses for 41-43 Lansing Place, Springfield MA 01108

Total Gross Expenses (Calculated)$3,238/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,238

Annual Income & Unit Breakdown for 41-43 Lansing Place, Springfield MA 01108

Total Gross Income (Calculated)$18,900

Unit 1

Rental Income$825

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$750

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 41-43 Lansing Place, Springfield MA 01108

Listing ID72967290

Property TypeMulti Family / 2 Family

Price$275,000 ($126.38/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

MLS AreaForest Park

Neighborhood(s)

Approximate Living Area Total2,176 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1987

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area1200

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesThermostat,Varies per Unit

Terms

Disclosures for 41-43 Lansing Place, 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$18,900

Total Net Income By Broker$18,900

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 41-43 Lansing Place, Springfield MA 01108

Real Estate Taxes$3,238

Tax Year2021

Assessed Value$171,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$18,900

BostonRealEstate.com Gross Income

Total Net Income By Broker$18,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.70%

Location Information for 41-43 Lansing Place, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaForest Park

Area AmenitiesHouse Of Worship, Shopping, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 41-43 Lansing Place, Springfield MA 01108

Agent

Name: Chris Buendo

MLS ID: CT008467

Office ID: AN7279

National Association ID: 452502008

Address: 25 Crescent Hill

City: East Longmeadow

State: MA

Zip: 01028

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

MLS Office ID: AN7274

Phone: 413-596-6711

Payment Calculator

$1,964.29 per month

30 Years Fixed, 6.75% Interest

Property Taxes $269.83

Principal & Interest $1,694.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Chris Buendo

Agent Phone

Office Phone

(413) 596-6711

Text Agent Call Agent Call Office

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EXIT