Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

163-165 Maynard St, Springfield MA 01109

$235,000

Estimated $641.72/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $117,500

Total Rent: 24000/year

Estimated CAP Rate: 8.88%

6 Bedrooms

2 Full Baths

2,200 SqFt

Total Parking: 2

4,988 SqFt

Investors take notice! Two family home located in close proximity to surrounding areas like AIC college and Mass Mutual, offering over 2200 sq ft. with 3 bedrooms, 1 bath each unit. The 2nd floor of this property was turned over within the last few years. Each unit has separate utilities with gas heat. Great units with hardwood floors, eat-in kitchen, plus a great porch on each level. Initial showing for 2nd floor and basement only. First floor available with accepted offer. Please do not disturb first floor tenants.

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 12:41am (Source: MLS PIN #73050168)

Gross Income: $24,000

Gross Expenses: $3,128

Net Income Calc: $20,872

CAP Rate: 8.88%

Annual Expenses for 163-165 Maynard St, Springfield MA 01109

Total Gross Expenses (Calculated)$3,128/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,128

Annual Income & Unit Breakdown for 163-165 Maynard St, Springfield MA 01109

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$800

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 163-165 Maynard St, Springfield MA 01109

Listing ID73050168

Property TypeMulti Family

Price$235,000 ($106.82/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,200 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2

Garage Parking

Year Built1923

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 163-165 Maynard St, Springfield MA 01109

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$24,000

Total Net Income By Broker$24,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 163-165 Maynard St, Springfield MA 01109

Real Estate Taxes$3,128

Tax Year2022

Assessed Value$166,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$24,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$24,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.88%

Location Information for 163-165 Maynard St, Springfield MA 01109

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 163-165 Maynard St, Springfield MA 01109

Agent

Name: David Vilkhovoy

Office

Name: Naples Realty Group

Phone: 413-650-1314

Team Members

Payment Calculator

, Interest

Property Taxes 260.67

Principal & Interest 1448

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Naples Realty Group

David Vilkhovoy

Agent Phone

Office Phone

(413) 650-1314

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (4,988 SqFt)
    [add_date] => 2024-05-07 00:41:11
    [address] => Maynard St
    [agent] => Array
        (
            [address] => 61 Devonshire Terrace
            [city] => East Longmeadow
            [id] => CN245874
            [name] => David Vilkhovoy
            [national_association] => 454210033
            [office] => AN8985
            [state] => MA
            [zip] => 01028
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,200 SqFt
    [approx_lot_size_acres] => 0.11 acres
    [approx_lot_size_sqft] => 4,988 SqFt
    [assessed_value] => $166,200
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 2 Full
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 163-165 Maynard St Springfield
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5
    [buyer_agent_id] => CN213328
    [buyer_office_id] => AN6764
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => 8.88%
    [city] => Springfield
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Hampden
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Investors take notice! Two family home located in close proximity to surrounding areas like AIC college and Mass Mutual, offering over 2200 sq ft. with 3 bedrooms, 1 bath each unit. The 2nd floor of this property was turned over within the last few years. Each unit has separate utilities with gas heat. Great units with hardwood floors, eat-in kitchen, plus a great porch on each level.  Initial showing for 2nd floor and basement only.  First floor available with accepted offer. Please do not disturb first floor tenants.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Concrete Perimeter
        )

[frontage_length] => 
    [full_baths] => 2
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $24,000
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 328888
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 00:41:11
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,200 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Cleared
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73050168
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 20872
    [net_operating_income] => Array
        (
            [0] => $24,000
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN6415
            [name] => Naples Realty Group
            [phone] => 413-650-1314
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 413-335-5933
    [pool_features] => Array
        (
        )

[price] => $235,000
    [price_per_sqft] => 106.82
    [price_per_unit] => 117500
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => $3,128
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 12
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 163-165
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
            [0] => Array
                (
                    [id] => CN245874
                    [name] => David Vilkhovoy
                    [phone] => 413-335-5933
                    [address] => 61 Devonshire Terrace
                    [city] => East Longmeadow
                    [state] => MA
                    [zip] => 01028
                    [office] => AN8985
                    [national_association] => 454210033
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 3128
    [total_gross_income] => 24000
    [total_parking] => 2
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 3 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 800
        )

[unit_2_bathrooms] => 3 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 1200
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 163-165 Maynard St, Springfield MA 01109
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1923
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01109
    [zoning] => R2
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6815474
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/328888/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:12
                    [modified] => 2024-05-07 00:41:12
                )

[1] => Array
                (
                    [id] => 6816038
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[2] => Array
                (
                    [id] => 6816039
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[3] => Array
                (
                    [id] => 6816040
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[4] => Array
                (
                    [id] => 6816041
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[5] => Array
                (
                    [id] => 6816042
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[6] => Array
                (
                    [id] => 6816043
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[7] => Array
                (
                    [id] => 6816044
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[8] => Array
                (
                    [id] => 6816045
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[9] => Array
                (
                    [id] => 6816046
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[10] => Array
                (
                    [id] => 6816047
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

[11] => Array
                (
                    [id] => 6816048
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050168&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 00:41:17
                    [modified] => 2024-05-07 00:41:17
                )

)

)

EXIT