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292-294 Orange St, Springfield MA 01108

$159,900

Estimated $550/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $79,950

Total Rent: 20400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2457

Total Parking: 6 (2 Garage)

5,841 (0.13)

Investors Opportunity!! Centrally located in Forest Park on a large corner lot this two family house offers convenience to transportation, shopping and major highways. Long term tenant on the 2nd floor- 20 plus years and would love to stay. Some updates have been done over the years including- electrical, HVAC, hot water heater & windows. While the property needs upgrades, TLC & some improvements, it presents an incredible opportunity for the right buyer to customize and create a great cash flowing home to add to the portfolio . Don't miss your chance to own this property at a great value! Extra space in the partially finished attic and 2 car garage. Property is being sold as is, where is. Please do not disturb tenants.

This home has been viewed 92 times

Last Checked: May 7th, 2024 at 5:41am (Source: MLS PIN #73094055)

Gross Income: $20,400

Gross Expenses: $3,488

Net Income Calc: $16,912

Annual Expenses for 292-294 Orange St, Springfield MA 01108

Total Gross Expenses (Calculated)$3,488/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3488

Annual Income & Unit Breakdown for 292-294 Orange St, Springfield MA 01108

Total Gross Income (Calculated)$20,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

General Information for 292-294 Orange St, Springfield MA 01108

Listing ID73094055

Property TypeMulti Family

Price159900 ($65.08/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2457

Approximate Lot Size (Acres)0.13

Total Parking6 (2 Garage)

Garage Parking2

Year Built1906

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 292-294 Orange St, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDining Room Chandelier

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 292-294 Orange St, Springfield MA 01108

Real Estate Taxes3488

Tax Year2023

Assessed Value$204,600

Financial Data Source

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 292-294 Orange St, Springfield MA 01108

Neighborhood(s)

Area Amenities

Contact Information for 292-294 Orange St, Springfield MA 01108

Agent

Name: Isadora Sarto

Office

Name: eRealty Advisors, Inc.

Phone: 617-729-2618

Payment Calculator

, Interest

Property Taxes 290.67

Principal & Interest 985.25

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eRealty Advisors, Inc.

Isadora Sarto

Agent Phone

Office Phone

(617) 729-2618

Text Agent Call Agent Call Office

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    [unparsed] => 292-294 Orange St, Springfield MA 01108
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EXIT

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