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Closed

17 Lincoln St, Westfield MA 01085

$240,000

Estimated $789.24/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $80,000

Total Rent: 30900/year

Estimated CAP Rate: 10.87%

6 Bedrooms

3 Full Baths

3,013 SqFt

Total Parking: 3

8,712 SqFt

Investors take notice! This lovely three-family home in Westfield can be a great addition to your portfolio. This home is fully rented with long-time tenants. Find one unit on the bottom floor, one unit on the top floor, and one private unit in the rear of the home with separate entrances and exits. Each unit boasts two bedrooms, one bathroom, a living area, and a kitchen. Two units have gas heat, and one has electric heat. The rear unit features a new furnace and a redone back basement cement wall, and the home itself had its asphalt roof reshingled six years ago. The front roof is slate. Find a cute backyard available for all tenants to use. You won't want to miss out on this opportunity!

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 12:50am (Source: MLS PIN #73062016)

Gross Income: $30,900

Gross Expenses: $4,801

Net Income Calc: $26,099

CAP Rate: 10.87%

Annual Expenses for 17 Lincoln St, Westfield MA 01085

Total Gross Expenses (Calculated)$4,801/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,801

Annual Income & Unit Breakdown for 17 Lincoln St, Westfield MA 01085

Total Gross Income (Calculated)$30,900

Unit 1

Rental Income$775

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$850

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$950

LeaseU

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

General Information for 17 Lincoln St, Westfield MA 01085

Listing ID73062016

Property TypeMulti Family / 3 Family

Price$240,000 ($79.65/SqFt)

Style3 Family

CityWestfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,013 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking3

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area4974

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoning0

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 17 Lincoln St, Westfield MA 01085

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$30,900

Total Net Income By Broker$30,900

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 17 Lincoln St, Westfield MA 01085

Real Estate Taxes$4,801

Tax Year2022

Assessed Value$259,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,900

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.87%

Location Information for 17 Lincoln St, Westfield MA 01085

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 17 Lincoln St, Westfield MA 01085

Agent

Name: Kristine Cook

Office

Name: William Raveis R.E. & Home Services

Phone: 413-565-2111

Payment Calculator

, Interest

Property Taxes 400.08

Principal & Interest 1478.8

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Kristine Cook

Agent Phone

Office Phone

(413) 565-2111

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[water] => Array
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[water_expense] => Array
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)

EXIT

Closed

17 Lincoln St, Westfield MA 01085

$240,000

Annual Expenses for 17 Lincoln St, Westfield MA 01085

Annual Income & Unit Breakdown for 17 Lincoln St, Westfield MA 01085

General Information for 17 Lincoln St, Westfield MA 01085

Disclosures for 17 Lincoln St, Westfield MA 01085

Financial Information for 17 Lincoln St, Westfield MA 01085

Location Information for 17 Lincoln St, Westfield MA 01085

Contact Information for 17 Lincoln St, Westfield MA 01085

Agent

Office

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

Kristine Cook