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Expired

70-72 Middlesex Street, Springfield MA 01109

$250,000

Estimated $656.45/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $125,000

Total Rent: 31200/year

Estimated CAP Rate: 11.27%

4 Bedrooms

2 Full Baths

2,384 SqFt

Total Parking: 4

0 SqFt

Buyer to due diligences regarding the Springfield Rehab program that this multi-family has an opportunity for. This two-family will be vacant for closing.

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 5:11am (Source: MLS PIN #73063515)

Gross Income: $31,200

Gross Expenses: $3,013

Net Income Calc: $28,187

CAP Rate: 11.27%

Annual Expenses for 70-72 Middlesex Street, Springfield MA 01109

Total Gross Expenses (Calculated)$3,013/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,013

Annual Income & Unit Breakdown for 70-72 Middlesex Street, Springfield MA 01109

Total Gross Income (Calculated)$31,200

Unit 1

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 70-72 Middlesex Street, Springfield MA 01109

Listing ID73063515

Property TypeMulti Family / 2 Family

Price$250,000 ($104.87/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,384 SqFt

Approximate Lot Size (Acres)0

Total Parking4

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

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 70-72 Middlesex Street, 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$31,200

Total Net Income By Broker$31,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 70-72 Middlesex Street, Springfield MA 01109

Real Estate Taxes$3,013

Tax Year2022

Assessed Value$160,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$31,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$31,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.27%

Location Information for 70-72 Middlesex Street, Springfield MA 01109

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Public Transportation, University

Contact Information for 70-72 Middlesex Street, Springfield MA 01109

Agent

Name: Leslie Girand

Office

Name: William Raveis R.E. & Home Services

Phone: 413-565-2111

Payment Calculator

, Interest

Property Taxes 251.08

Principal & Interest 1540.42

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Leslie Girand

Agent Phone

Office Phone

(413) 565-2111

Text Agent Call Agent Call Office

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EXIT