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31-33 Armory St, Springfield MA 01105

$450,000

Estimated $1,137.42/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $112,500

Total Rent: 39600/year

Estimated CAP Rate: 7.19%

8 Bedrooms

4 Full Baths

3,072 SqFt

Total Parking: 8 (2 Garage)

8,006 SqFt

Well maintained 4-Family. All units recently remodeled. Three of the units are occupied and one is vacant. Perfect for an investor or owner occupant. Off street parking and a 2-car garage. Highest and best due by 1pm March 20th

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73088480)

Gross Income: $39,600

Gross Expenses: $7,233

Net Income Calc: $32,367

CAP Rate: 7.19%

Annual Expenses for 31-33 Armory St, Springfield MA 01105

Total Gross Expenses (Calculated)$7,233/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal$2,340

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,893

Annual Income & Unit Breakdown for 31-33 Armory St, Springfield MA 01105

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 31-33 Armory St, Springfield MA 01105

Listing ID73088480

Property TypeMulti Family / 4 Family

Price$450,000 ($146.48/SqFt)

Style4 Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,072 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1989

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

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 31-33 Armory St, Springfield MA 01105

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$18,000

Total Gross Income By Broker$52,800

Total Net Income By Broker$34,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 31-33 Armory St, Springfield MA 01105

Real Estate Taxes$4,893

Tax Year2023

Assessed Value$287,000

Financial Data Source

Total Gross Expenses By Broker$18,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$52,800

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)7.19%

Location Information for 31-33 Armory St, Springfield MA 01105

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesSidewalks

Contact Information for 31-33 Armory St, Springfield MA 01105

Agent

Name: Stephen Byrne

Office

Name: First Place Realty

Phone: 413-734-4300

Payment Calculator

, Interest

Property Taxes 407.75

Principal & Interest 2772.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

First Place Realty

Stephen Byrne

Agent Phone

Office Phone

(413) 734-4300

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
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[phone] => 413-537-3518
    [pool_features] => Array
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    [price_per_unit] => 112500
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[real_estate_tax] => $4,893
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            [1] => Unit 2(water)
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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    [team] => Array
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[terms] => Array
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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    [unit_4_lease] => Array
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[unit_level] => 
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    [unparsed] => Array
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[utilities] => Array
        (
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[view] => Array
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[water] => Array
        (
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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[waterfront] => No
    [waterfront_features] => Array
        (
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[year_built] => 1989
    [year_built_details] => Actual
    [year_built_source] => Public Records
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    [zip] => 01105
    [zoning] => R2
    [zoning_details] => 
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EXIT

Closed

31-33 Armory St, Springfield MA 01105

$450,000

Annual Expenses for 31-33 Armory St, Springfield MA 01105

Annual Income & Unit Breakdown for 31-33 Armory St, Springfield MA 01105

General Information for 31-33 Armory St, Springfield MA 01105

Disclosures for 31-33 Armory St, Springfield MA 01105

Financial Information for 31-33 Armory St, Springfield MA 01105

Location Information for 31-33 Armory St, Springfield MA 01105

Contact Information for 31-33 Armory St, Springfield MA 01105

Agent

Office

Payment Calculator

Exclusive Listing Agent

First Place Realty

Stephen Byrne