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303-305 Water St, Springfield MA 01151

$299,987

Estimated $723/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $149,993.50

Total Rent: 13800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1344

Total Parking: 3 (1 Garage)

9,405 (0.22)

The perfect opportunity is here! Freshly updated this beautiful two family is the perfect investment property for an owner occupant or investor. Both units feature beautiful granite in the kitchen, and a new stainless-steel range and refrigerator in the vacant unit. The bathrooms in the units have gorgeous new tiling and vanity. The units are freshly painted with a light and neutral color scheme that compliments the wood laminate flooring perfectly. In the spacious bedrooms you will find new carpeting and ample closet space. The front of the property provides a beautiful view of the Chicopee River with benches for seating. Relaxation at its finest! One unit is being sold with a tenant in place. Vacant unit provides a garage. Property has new siding and vinyl replacement windows. Don't wait, schedule your showing today!

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 6:11am (Source: MLS PIN #73087401)

Gross Income: $13,800

Gross Expenses: $2,839

Net Income Calc: $10,961

Water Views

Annual Expenses for 303-305 Water St, Springfield MA 01151

Total Gross Expenses (Calculated)$2,839/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2839

Annual Income & Unit Breakdown for 303-305 Water St, Springfield MA 01151

Total Gross Income (Calculated)$13,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

General Information for 303-305 Water St, Springfield MA 01151

Listing ID73087401

Property TypeMulti Family / 2 Family

Price299987 ($223.2/SqFt)

Style2 Family - 2 Units Side By Side

CitySpringfield

CountyHampden

MLS AreaIndian Orchard

Neighborhood(s)

Approximate Living Area Total1344

Approximate Lot Size (Acres)0.22

Total Parking3 (1 Garage)

Garage Parking1

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 303-305 Water St, Springfield MA 01151

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsGenerator

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

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 303-305 Water St, Springfield MA 01151

Real Estate Taxes2839

Tax Year2023

Assessed Value$166,500

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 303-305 Water St, Springfield MA 01151

Neighborhood(s)

MLS AreaIndian Orchard

Area AmenitiesWalk/jog Trails

Contact Information for 303-305 Water St, Springfield MA 01151

Agent

Name: Laurie Palatino

Office

Name: Hampden Realty Center, LLC

Phone: 413-507-2988

Payment Calculator

, Interest

Property Taxes 236.58

Principal & Interest 1848.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hampden Realty Center, LLC

Laurie Palatino

Agent Phone

Office Phone

(413) 507-2988

Text Agent Call Agent Call Office

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    [unparsed] => 303-305 Water St, Springfield MA 01151
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EXIT

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