Whether owner-occupied or a strategic investment, this Multi-Family home offers tremendous opportunity. There are two spacious units with each one boasting 2-beds 1-bath. Both units however are currently being used as 3 bedrooms. Other features include a huge yard for gardening & entertaining, a basement for extra storage, newer heating system, newer hot water tanks from 2019 & 2021, and a driveway with sufficient parking for everyone. Don't miss out on this opportunity, schedule your showing today!
This home has been viewed 53 times
Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73063217)
Gross Income: $0
Gross Expenses: $2,305
Net Income Calc: $2,305
CAP Rate: -1.05%
Annual Expenses for 59 King St, Springfield MA 01109
Total Gross Expenses (Calculated)$2,305/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,305
Annual Income & Unit Breakdown for 59 King St, Springfield MA 01109
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 59 King St, Springfield MA 01109
Listing ID73063217
Property TypeMulti Family
Price$219,000 ($108.2/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,024 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking2
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 59 King St, 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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 59 King St, Springfield MA 01109
Real Estate Taxes$2,305
Tax Year2022
Assessed Value$122,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.05%
Location Information for 59 King St, Springfield MA 01109
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, University
Contact Information for 59 King St, Springfield MA 01109