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54 Lincoln Street, Springfield MA 01109

$389,900

Estimated $970/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $129,966.67

Total Rent: 32280/year

Estimated CAP Rate:

9 Bedrooms

Baths

3883

Total Parking: 4

7,009 (0.16)

Great Investment Opportunity!!! Income producing 3 family home with 3 bedrooms per unit, great for investor or owner occupant. Property conveniently located near public transportation, easy highway access, hospitals, shopping, public schools and local colleges. (APO) Featuring newer vinyl siding, roof, replacement windows and boilers. Newer water heaters for second & third floor. Off street parking, all separate utilities with owners electric meter. Letters of lead compliance. First and second floor rented to section 8 tenants. A must see!! Property sold "As-Is" condition.

This home has been viewed 58 times

Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73028182)

Gross Income: $32,280

Gross Expenses: $4,055

Net Income Calc: $28,225

Annual Expenses for 54 Lincoln Street, Springfield MA 01109

Total Gross Expenses (Calculated)$4,055/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4055.71

Annual Income & Unit Breakdown for 54 Lincoln Street, Springfield MA 01109

Total Gross Income (Calculated)$32,280

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 54 Lincoln Street, Springfield MA 01109

Listing ID73028182

Property TypeMulti Family / 3 Family

Price389900 ($100.41/SqFt)

Style3 Family - 3 Units Up/down

CitySpringfield

CountyHampden

MLS AreaHill McKnight

Neighborhood(s)

Approximate Living Area Total3883

Approximate Lot Size (Acres)0.16

Total Parking4

Garage Parking0

Year Built1916

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 54 Lincoln Street, Springfield MA 01109

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 54 Lincoln Street, Springfield MA 01109

Real Estate Taxes4055.71

Tax Year2022

Assessed Value$215,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 54 Lincoln Street, Springfield MA 01109

Neighborhood(s)

MLS AreaHill McKnight

Area AmenitiesWalk/jog Trails

Contact Information for 54 Lincoln Street, Springfield MA 01109

Agent

Name: Jose Rodriguez

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-737-7356

Payment Calculator

, Interest

Property Taxes 337.98

Principal & Interest 2402.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Jose Rodriguez

Agent Phone

Office Phone

(413) 737-7356

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Expired

54 Lincoln Street, Springfield MA 01109

$389,900

Annual Expenses for 54 Lincoln Street, Springfield MA 01109

Annual Income & Unit Breakdown for 54 Lincoln Street, Springfield MA 01109

General Information for 54 Lincoln Street, Springfield MA 01109

Disclosures for 54 Lincoln Street, Springfield MA 01109

Financial Information for 54 Lincoln Street, Springfield MA 01109

Location Information for 54 Lincoln Street, Springfield MA 01109

Contact Information for 54 Lincoln Street, Springfield MA 01109

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Jose Rodriguez