Overview Property Details Payment Calculator Walkability

Closed

14-16 Webster St, Springfield MA 01104

$125,000

Estimated $525.94/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $62,500

Total Rent: 0/year

Estimated CAP Rate: -3.10%

5 Bedrooms

2 Full Baths

2,522 SqFt

Total Parking: 4

4,813 SqFt

2 family property with additional rooms on the 3rd floor has fire damage mostly contained to the front of the property. Here is an opportunity to rehab and gain equity. Located close to highways, hospitals and schools this will provide a great rental property or fix/flip. ...

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 3:31am (Source: MLS PIN #73072339)

Gross Income: $0

Gross Expenses: $3,879

Net Income Calc: $3,879

CAP Rate: -3.10%

Annual Expenses for 14-16 Webster St, Springfield MA 01104

Total Gross Expenses (Calculated)$3,879/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,879

Annual Income & Unit Breakdown for 14-16 Webster St, Springfield MA 01104

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 14-16 Webster St, Springfield MA 01104

Listing ID73072339

Property TypeMulti Family

Price$125,000 ($49.56/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,522 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

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 14-16 Webster St, Springfield MA 01104

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 Compensation2.5%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 14-16 Webster St, Springfield MA 01104

Real Estate Taxes$3,879

Tax Year2022

Assessed Value$206,100

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)-3.10%

Location Information for 14-16 Webster St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, Private School, University

Contact Information for 14-16 Webster St, Springfield MA 01104

Agent

Name: Chester Ardolino

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-596-6711

Payment Calculator

$1,093.46 per month

30 Years Fixed, 6.75% Interest

Property Taxes $323.25

Principal & Interest $770.21

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Chester Ardolino

Agent Phone

Office Phone

(413) 596-6711

Text Agent Call Agent Call Office

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    [description] => 2 family property with additional rooms on the 3rd floor has fire damage mostly contained to the front of the property.  Here is an opportunity to rehab and gain equity. Located close to highways, hospitals and schools this will provide a great rental property or fix/flip.  The buyer may also be able to access additional funds in a depreciation and code upgrade claim.  The buyer must be approved by the City of Springfield, The buyer must submit a full rehab plan for approval to City of Springfield upon accepted offer.  The Buyer must provide proof of funds for purchase and rehab to city for approval upon accepted offer.  A perfect late winter, early spring project with lots of upside.Group Showing will take place on Thursday January 26th at 12 noon.  All parties must sign waiver prior to entry.  Buyers/Agents please contact list agent to register prior to group showing.
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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT