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 39 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
Water Views
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 Tax3924
Annual Income & Unit Breakdown for 247-249 Commonwealth Ave, Springfield MA 01108
Total Gross Income (Calculated)$23,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 247-249 Commonwealth Ave, Springfield MA 01108
Listing ID73043934
Property TypeMulti Family / 2 Family
Price275000 ($127.31/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2160
Approximate Lot Size (Acres)0.11
Total Parking6 (1 Garage)
Garage Parking1
Year Built1923
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 247-249 Commonwealth Ave, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSheds
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation3
Facilitator Compensation3
Compensation Based OnNet Sale Price
Financial Information for 247-249 Commonwealth Ave, Springfield MA 01108
Real Estate Taxes3924
Tax Year2022
Assessed Value$208,500
Financial Data SourceEstimated
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 247-249 Commonwealth Ave, Springfield MA 01108
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 247-249 Commonwealth Ave, Springfield MA 01108