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Expired

247-249 Commonwealth Ave, Springfield MA 01108

$275,000

Estimated $772.91/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $137,500

Total Rent: 23400/year

Estimated CAP Rate: 7.08%

6 Bedrooms

2 Full Baths

2,160 SqFt

Total Parking: 6 (1 Garage)

4,791 SqFt

New owner shows pride of ownership in this fully occupied 2 family. Desirable Forest Park area of Springfield. Fenced in yard, oversized 1 car garage, with garage door opener. New vinyl siding, both bathrooms renovated, 1 hot water heater replaced, & roof fixed in 2019. Tenants take good care of the home. Each unit has it's own laundry hookups in a sunny porch alcove. First floor enclosed porch for extra storage or living space. Attic has carpeting and extra rooms for storage. Some rooms started in the basement, the toilet works, and the floors were leveled. Tenants share the driveway. Both floors have the same floor plan. Will not pass FHA.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73043934)

Gross Income: $23,400

Gross Expenses: $3,924

Net Income Calc: $19,476

CAP Rate: 7.08%

Annual Expenses for 247-249 Commonwealth Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$3,924/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,924

Annual Income & Unit Breakdown for 247-249 Commonwealth Ave, Springfield MA 01108

Total Gross Income (Calculated)$23,400

Unit 1

Rental Income$1,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$950

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingYes

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

General Information for 247-249 Commonwealth Ave, Springfield MA 01108

Listing ID73043934

Property TypeMulti Family / 2 Family

Price$275,000 ($127.31/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,160 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6 (1 Garage)

Garage Parking1 / Detached

Year Built1923

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 247-249 Commonwealth Ave, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureNot counting the 3rd floor attic

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$23,400

Total Net Income By Broker$23,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation3

Facilitator Compensation3

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 247-249 Commonwealth Ave, Springfield MA 01108

Real Estate Taxes$3,924

Tax Year2022

Assessed Value$208,500

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$23,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$23,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.08%

Location Information for 247-249 Commonwealth Ave, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s), Private School, University

Contact Information for 247-249 Commonwealth Ave, Springfield MA 01108

Agent

Name: Tracy Viola

Office

Name: Thompson Real Estate Group

Phone: 413-847-0198

Payment Calculator

, Interest

Property Taxes 327

Principal & Interest 1694.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Thompson Real Estate Group

Tracy Viola

Agent Phone

Office Phone

(413) 847-0198

Text Agent Call Agent Call Office

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[perc_test] => Array
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                    [modified] => 2024-05-07 03:01:31
                )

[20] => Array
                (
                    [id] => 7068526
                    [name] => MLS21.jpg
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                    [index] => 21
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[21] => Array
                (
                    [id] => 7068527
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                    [index] => 22
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                    [modified] => 2024-05-07 03:01:31
                )

[22] => Array
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                    [id] => 7068528
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                    [index] => 23
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                    [modified] => 2024-05-07 03:01:31
                )

[23] => Array
                (
                    [id] => 7068529
                    [name] => MLS24.jpg
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                    [index] => 24
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[24] => Array
                (
                    [id] => 7068530
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                    [index] => 25
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[25] => Array
                (
                    [id] => 7068531
                    [name] => MLS26.jpg
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                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[26] => Array
                (
                    [id] => 7068532
                    [name] => MLS27.jpg
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                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[27] => Array
                (
                    [id] => 7068533
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

[28] => Array
                (
                    [id] => 7068534
                    [name] => MLS29.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73043934&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[29] => Array
                (
                    [id] => 7068535
                    [name] => MLS30.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73043934&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

[30] => Array
                (
                    [id] => 7068536
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73043934&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

[31] => Array
                (
                    [id] => 7068537
                    [name] => MLS32.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73043934&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

[32] => Array
                (
                    [id] => 7068538
                    [name] => MLS33.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73043934&w=1024&h=768&n=33
                    [index] => 33
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

[33] => Array
                (
                    [id] => 7068539
                    [name] => MLS34.jpg
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                    [index] => 34
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:01:31
                )

[34] => Array
                (
                    [id] => 7068540
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                    [index] => 35
                    [enabled] => 1
                    [created] => 2024-05-07 03:01:31
                    [modified] => 2024-05-07 03:01:31
                )

)

)

EXIT