Motivated Seller - Money Maker waiting for YOU. Nice two-family on a cul-de-sac street. Newer roof, replacement windows, vinyl siding, updated electric, and more. Certified De-Leaded. Letter of Compliance attached. Laundry hook ups for all units. Fully Occupied w QUALITY Tenants. 48 Hours notice please. Awesome rental income potential. Come make it YOURS. Investors and Owner-Occupants come see this awesome property asap.
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 5:26am (Source: MLS PIN #72967291)
Gross Income: $22,800
Gross Expenses: $4,010
Net Income Calc: $18,790
CAP Rate: 7.28%
Annual Expenses for 45-47 Lansing Place, Springfield MA 01108
Total Gross Expenses (Calculated)$4,010/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,010
Annual Income & Unit Breakdown for 45-47 Lansing Place, Springfield MA 01108
Total Gross Income (Calculated)$22,800
Unit 1
Rental Income$1,400
LeaseN
Bedrooms5
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 45-47 Lansing Place, Springfield MA 01108
Listing ID72967291
Property TypeMulti Family
Price$258,000 ($80.52/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,204 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area1200
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 45-47 Lansing Place, Springfield MA 01108
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$22,800
Total Net Income By Broker$22,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 45-47 Lansing Place, Springfield MA 01108
Real Estate Taxes$4,010
Tax Year2022
Assessed Value$193,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$22,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$22,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.28%
Location Information for 45-47 Lansing Place, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 45-47 Lansing Place, Springfield MA 01108