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Closed

604-606 Springfield St, Agawam MA 01030

$225,000

Estimated $635.92/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $112,500

Total Rent: 28800/year

Estimated CAP Rate: 11.35%

4 Bedrooms

2 Full Baths

2,184 SqFt

Total Parking: 4

10,450 SqFt

Investors—looking for a great income producing multi-family home with a strong rental history? Look no further! This property boasts two 2 bedroom, 1 bathroom units that are fully occupied. The attic has been fully insulated with new windows installed, which could provide great flex space opportunities. Other features of this home include separated heat and electricity and convenient location to nearby restaurants, parks, and local amenities. Don’t miss out on this great investment opportunity! Schedule a showing today!

This home has been viewed 187 times

Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73060105)

Gross Income: $28,800

Gross Expenses: $3,253

Net Income Calc: $25,547

CAP Rate: 11.35%

Annual Expenses for 604-606 Springfield St, Agawam MA 01030

Total Gross Expenses (Calculated)$3,253/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,253

Annual Income & Unit Breakdown for 604-606 Springfield St, Agawam MA 01030

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 604-606 Springfield St, Agawam MA 01030

Listing ID73060105

Property TypeMulti Family / 2 Family

Price$225,000 ($103.02/SqFt)

Style2 Family - 2 Units Up/down

CityAgawam

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,184 SqFt

Approximate Lot Size (Acres)0.24 acres

Total Parking4

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningBA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 604-606 Springfield St, Agawam MA 01030

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$28,800

Total Net Income By Broker$28,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 604-606 Springfield St, Agawam MA 01030

Real Estate Taxes$3,253

Tax Year2022

Assessed Value$201,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$28,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.35%

Location Information for 604-606 Springfield St, Agawam MA 01030

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 604-606 Springfield St, Agawam MA 01030

Agent

Name: Stephanie Salerno

Office

Name: Coldwell Banker Realty

Phone: 860-745-3345

Payment Calculator

, Interest

Property Taxes 271.08

Principal & Interest 1386.38

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty

Stephanie Salerno

Agent Phone

Office Phone

(860) 745-3345

Text Agent Call Agent Call Office

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EXIT