Overview Property Details Payment Calculator Walkability

Closed

735 Belmont Ave, Springfield MA 01108

$265,000

Estimated $769.37/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $132,500

Total Rent: 50400/year

Estimated CAP Rate: 17.48%

9 Bedrooms

3 Full Baths

3,056 SqFt

Total Parking: 18 (6 Garage)

7,257 SqFt

PRICE REDUCTION! This money-making in the heart of Springfield is truly for the right investor! Along with a huge duplex, the property also comes with six garage stalls that are not included in the rent, and can be rented out separately. Property being sold as occupied. Gre...

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 2:20am (Source: MLS PIN #73068165)

Gross Income: $50,400

Gross Expenses: $4,076

Net Income Calc: $46,324

CAP Rate: 17.48%

Annual Expenses for 735 Belmont Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$4,076/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,076

Annual Income & Unit Breakdown for 735 Belmont Ave, Springfield MA 01108

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Unit 1(water), Unit 2(heat, Water)

Unit 2

Rental Income$3,000

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesElectric, Unit 1(water), Unit 2(heat, Water)

General Information for 735 Belmont Ave, Springfield MA 01108

Listing ID73068165

Property TypeMulti Family

Price$265,000 ($86.71/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,056 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking18 (6 Garage)

Garage Parking6 / Detached

Year Built1912

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 735 Belmont Ave, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureDoes not include third floor.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 735 Belmont Ave, Springfield MA 01108

Real Estate Taxes$4,076

Tax Year2022

Assessed Value$216,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)17.48%

Location Information for 735 Belmont Ave, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 735 Belmont Ave, Springfield MA 01108

Agent

Name: Jack Watson

MLS ID: CN238869

Office ID: AN7885

National Association ID: 452513381

Address: 4 Dundee Circle

City: Harwich

State: MA

Zip: 02645

Office

Name: Coldwell Banker Realty - Western MA

MLS Office ID: AN7885

Phone: 413-567-8931

Payment Calculator

$1,972.52 per month

30 Years Fixed, 6.75% Interest

Property Taxes $339.67

Principal & Interest $1,632.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Jack Watson

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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                    [modified] => 2024-05-07 02:21:03
                )

[21] => Array
                (
                    [id] => 6995760
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[22] => Array
                (
                    [id] => 6995761
                    [name] => MLS23.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[23] => Array
                (
                    [id] => 6995762
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[24] => Array
                (
                    [id] => 6995763
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[25] => Array
                (
                    [id] => 6995764
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[26] => Array
                (
                    [id] => 6995765
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[27] => Array
                (
                    [id] => 6995766
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[28] => Array
                (
                    [id] => 6995767
                    [name] => MLS29.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73068165&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

[29] => Array
                (
                    [id] => 6995768
                    [name] => MLS30.jpg
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 02:21:03
                    [modified] => 2024-05-07 02:21:03
                )

)

)

EXIT