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94 Monmouth St, Springfield MA 01109

$315,000

Estimated $887.02/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $105,000

Total Rent: 40200/year

Estimated CAP Rate: 11.33%

6 Bedrooms

4 Full Baths

2,992 SqFt

Total Parking: 4

7,897 SqFt

Amazing opportunity awaits! This three-family property features, 2 bedrooms and 1 bathroom in each unit. 1st and 2nd have updated kitchens. Main roof was installed in 2022 (APO), gas heating, spacious yard and partially finished basement with two additional storage rooms and much more. Schedule your appointments today!

This home has been viewed 56 times

Last Checked: May 7th, 2024 at 12:46am (Source: MLS PIN #73071254)

Gross Income: $40,200

Gross Expenses: $4,515

Net Income Calc: $35,685

CAP Rate: 11.33%

Annual Expenses for 94 Monmouth St, Springfield MA 01109

Total Gross Expenses (Calculated)$4,515/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,515

Annual Income & Unit Breakdown for 94 Monmouth St, Springfield MA 01109

Total Gross Income (Calculated)$40,200

Unit 1

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 94 Monmouth St, Springfield MA 01109

Listing ID73071254

Property TypeMulti Family / 3 Family

Price$315,000 ($105.28/SqFt)

Style3 Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,992 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking4

Garage Parking

Year Built1909

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 94 Monmouth St, Springfield MA 01109

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosurefinished rooms in basement not included in sqft.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$40,200

Total Net Income By Broker$40,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 94 Monmouth St, Springfield MA 01109

Real Estate Taxes$4,515

Tax Year2022

Assessed Value$239,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$40,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$40,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.33%

Location Information for 94 Monmouth St, Springfield MA 01109

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Laundromat, Public Transportation

Contact Information for 94 Monmouth St, Springfield MA 01109

Agent

Name: Omar Argueta

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-567-3361

Payment Calculator

, Interest

Property Taxes 376.25

Principal & Interest 1940.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Omar Argueta

Agent Phone

Office Phone

(413) 567-3361

Text Agent Call Agent Call Office

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EXIT

Closed

94 Monmouth St, Springfield MA 01109

$315,000

Annual Expenses for 94 Monmouth St, Springfield MA 01109

Annual Income & Unit Breakdown for 94 Monmouth St, Springfield MA 01109

General Information for 94 Monmouth St, Springfield MA 01109

Disclosures for 94 Monmouth St, Springfield MA 01109

Financial Information for 94 Monmouth St, Springfield MA 01109

Location Information for 94 Monmouth St, Springfield MA 01109

Contact Information for 94 Monmouth St, Springfield MA 01109

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Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Omar Argueta