Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

735 Belmont Ave, Springfield MA 01108

$265,000

Estimated $769/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $132,500

Total Rent: 50400/year

Estimated CAP Rate:

9 Bedrooms

Baths

3056

Total Parking: 18 (6 Garage)

7,257 (0.17)

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. Great, newer furnaces (2014, 2018) (APO). SOLD AS-IS. Will not qualify for VA or FHA Loans.

This home has been viewed 45 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

Water Views

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 Tax4076

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

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 735 Belmont Ave, Springfield MA 01108

Listing ID73068165

Property TypeMulti Family

Price265000 ($86.71/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3056

Approximate Lot Size (Acres)0.17

Total Parking18 (6 Garage)

Garage Parking6

Year Built1912

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 735 Belmont Ave, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

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 Compensation0.0

Compensation Based OnNet Sale Price

Financial Information for 735 Belmont Ave, Springfield MA 01108

Real Estate Taxes4076

Tax Year2022

Assessed Value$216,600

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 735 Belmont Ave, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 735 Belmont Ave, Springfield MA 01108

Agent

Name: Jack Watson

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Payment Calculator

, Interest

Property Taxes 339.67

Principal & Interest 1632.85

HOA Dues

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

Array
(
    [acres] => Approx. 0.17 acres (7,257 SqFt)
    [add_date] => 2024-05-07 02:20:57
    [address] => Belmont Ave
    [agent] => Array
        (
            [address] => 4 Dundee Circle
            [city] => Harwich
            [id] => CN238869
            [name] => Jack Watson
            [national_association] => 452513381
            [office] => AN7885
            [state] => MA
            [zip] => 02645
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3056
    [approx_lot_size_acres] => 0.17
    [approx_lot_size_sqft] => 7257
    [assessed_value] => $216,600
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 9
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5
    [buyer_agent_id] => CT003311
    [buyer_office_id] => BB5435
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Springfield
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Hampden
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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. Great, newer furnaces (2014, 2018) (APO). SOLD AS-IS. Will not qualify for VA or FHA Loans.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Sheds
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 0.0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 6
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 02:20:57
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73068165
    [neighborhoods] => 
    [net_income_calc] => 46324
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN7885
            [name] => Coldwell Banker Realty - Western MA
            [phone] => 413-567-8931
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 265000
    [price_per_sqft] => 86.71
    [price_per_unit] => 132500
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 4076
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 15
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 735
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 4076
    [total_gross_income] => 50400
    [total_parking] => 18 (6 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 6
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 735 Belmont Ave, Springfield MA 01108
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

27 More Photos