Incredible investment opportunity right here in west Springfield! This two family home has one unit that has been remodeled, a fenced backyard, garage for added storage and plenty of space for parking. This home is located close to many restaurants, shopping, major highways and is minutes from the Eastern States Exposition (The Big E!).
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 12:41am (Source: MLS PIN #73064871)
Gross Income: $23,400
Gross Expenses: $3,050
Net Income Calc: $20,350
CAP Rate: 8.89%
Annual Expenses for 21 Worcester St, West Springfield MA 01089
Total Gross Expenses (Calculated)$3,050/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,050
Annual Income & Unit Breakdown for 21 Worcester St, West Springfield MA 01089
Total Gross Income (Calculated)$23,400
Unit 1
Rental Income$1,100
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat
Unit 2
Rental Income$850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat
General Information for 21 Worcester St, West Springfield MA 01089
Listing ID73064871
Property TypeMulti Family
Price$229,000 ($123.45/SqFt)
StyleMulti Family
CityWest Springfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total1,855 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking5 (1 Garage)
Garage Parking1 / Detached
Year Built1896
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
Zoning000000
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 21 Worcester St, West Springfield MA 01089
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$23,400
Total Net Income By Broker$23,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 21 Worcester St, West Springfield MA 01089
Real Estate Taxes$3,050
Tax Year2022
Assessed Value$193,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$23,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$23,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.89%
Location Information for 21 Worcester St, West Springfield MA 01089
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Park, Public Transportation
Contact Information for 21 Worcester St, West Springfield MA 01089