Overview Property Details Payment Calculator Walkability

Closed

28-30 Nelson Ave, Springfield MA 01109

$175,000

Estimated $527.93/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $87,500

Total Rent: 32940/year

Estimated CAP Rate: 17.15%

7 Bedrooms

2 Full Baths

2,490 SqFt

Total Parking: 4

6,167 SqFt

AMAZING INVESTMENT OPPORTUNITY!! This 7 bedroom, 2 unit home sits on a corner lot, with private driveway and fenced yard. The first floor is tenant occupied and the second unit will be vacant in March! The first and second floor units offer the original hardwood flooring in ...

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73078266)

Gross Income: $32,940

Gross Expenses: $2,930

Net Income Calc: $30,010

CAP Rate: 17.15%

Annual Expenses for 28-30 Nelson Ave, Springfield MA 01109

Total Gross Expenses (Calculated)$2,930/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,930

Annual Income & Unit Breakdown for 28-30 Nelson Ave, Springfield MA 01109

Total Gross Income (Calculated)$32,940

Unit 1

Rental Income$1,345

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 28-30 Nelson Ave, Springfield MA 01109

Listing ID73078266

Property TypeMulti Family / 2 Family

Price$175,000 ($70.28/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,490 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking4

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 28-30 Nelson Ave, 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$32,940

Total Net Income By Broker$32,940

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation0%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 28-30 Nelson Ave, Springfield MA 01109

Real Estate Taxes$2,930

Tax Year2022

Assessed Value$155,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$32,940

BostonRealEstate.com Gross Income

Total Net Income By Broker$32,940

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)17.15%

Location Information for 28-30 Nelson Ave, Springfield MA 01109

Elementary SchoolPer Board Of Ed

Middle SchoolPer Board Of Ed

High SchoolPer Board Of Ed

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Private School, University, Sidewalks

Contact Information for 28-30 Nelson Ave, Springfield MA 01109

Agent

Name: Jason Saphire

MLS ID: CN236778

Office ID: AN7148

National Association ID: 449526237

Address: 45 Eisenhower Drive

City: Sharon

State: MA

Zip: 02067

Office

Name: www.HomeZu.com

MLS Office ID: AN7148

Phone: 877-249-5478

Payment Calculator

$1,322.46 per month

30 Years Fixed, 6.75% Interest

Property Taxes $244.17

Principal & Interest $1,078.29

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

www.HomeZu.com

Jason Saphire

Agent Phone

Office Phone

(877) 249-5478

Text Agent Call Agent Call Office

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EXIT