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28-30 Nelson Ave, Springfield MA 01109

$175,000

Estimated $528/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $87,500

Total Rent: 32940/year

Estimated CAP Rate:

7 Bedrooms

Baths

2490

Total Parking: 4

6,167 (0.14)

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 many areas! The second floor unit has an upstairs and down with 5 HUGE bedrooms!! Rent income potential is incredible on a unit this size. This is an "as-is" sale. Cash or FHA 203K preferred.

This home has been viewed 62 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

Water Views

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 Tax2930

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

Total Gross Income (Calculated)$32,940

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

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

Listing ID73078266

Property TypeMulti Family / 2 Family

Price175000 ($70.28/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2490

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront 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

ExclusionsWasher/Dryer

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 Compensation0%

Compensation Based OnNet Sale Price

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

Real Estate Taxes2930

Tax Year2022

Assessed Value$155,700

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 28-30 Nelson Ave, Springfield MA 01109

Elementary SchoolPer Board Of Ed

Middle SchoolPer Board Of Ed

High SchoolPer Board Of Ed

Neighborhood(s)

Area AmenitiesWalk/jog Trails

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

Agent

Name: Jason Saphire

Office

Name: www.HomeZu.com

Phone: 877-249-5478

Payment Calculator

, Interest

Property Taxes 244.17

Principal & Interest 1078.29

HOA Dues

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