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25-27 Merida St, Springfield MA 01104

$349,900

Estimated $982.11/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $174,950

Total Rent: 34800/year

Estimated CAP Rate: 8.52%

6 Bedrooms

2 Full, 2 Half Baths

2,160 SqFt

Total Parking: 8

5,001 SqFt

Your search is over! This spacious duplex is a great investment opportunity or a great place to call home. In a great location with easy access to the highway, this property offers off street parking with easy access to the highway. Each unit includes a spacious living room, 3 bedrooms, 1 ½ baths eat-in kitchen and walk out onto a trex deck. Don’t miss this opportunity! HIGHEST AND BEST DUE THURSDAY 3/30 BY 10AM. OPEN SHOWINGS WEDS 3/29, BOTH UNITS FROM 3:30 PM TO 7PM, SCHEDULE IN SHOWINGTIME.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 4:26am (Source: MLS PIN #73089978)

Gross Income: $34,800

Gross Expenses: $4,977

Net Income Calc: $29,823

CAP Rate: 8.52%

Annual Expenses for 25-27 Merida St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,977/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,977

Annual Income & Unit Breakdown for 25-27 Merida St, Springfield MA 01104

Total Gross Income (Calculated)$34,800

Unit 1

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 25-27 Merida St, Springfield MA 01104

Listing ID73089978

Property TypeMulti Family / 2 Family

Price$349,900 ($161.99/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

MLS AreaEast Springfield

Neighborhood(s)

Approximate Living Area Total2,160 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking8

Garage Parking

Year Built1990

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 25-27 Merida 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$34,800

Total Net Income By Broker$34,800

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 25-27 Merida St, Springfield MA 01104

Real Estate Taxes$4,977

Tax Year2023

Assessed Value$291,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$34,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$34,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.52%

Location Information for 25-27 Merida St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Springfield

Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 25-27 Merida St, Springfield MA 01104

Agent

Name: Nunley Group

Office

Name: Executive Real Estate, Inc.

Phone: 413-596-2212

Team Members

Name: Erica Nunley

Phone: 413-364-2160

Name: Jordan Nunley

Phone: 413-204-4790

Name: Marquis Nunley

Phone: 413-885-3756

Payment Calculator

, Interest

Property Taxes 414.75

Principal & Interest 2155.97

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Executive Real Estate, Inc.

Nunley Group

Agent Phone

Office Phone

(413) 596-2212

Text Agent Call Agent Call Office

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EXIT