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20 Burlington St, Springfield MA 01108

$300,000

Estimated $842/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $150,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3147

Total Parking: 6 (2 Garage)

7,427 (0.17)

BEST & FINAL OFFERS 4/15 AT 5PM. Welcome to this great vacant multi family in Springfield with additional living space on the third floor! This is an incredible opportunity to own a grand two-unit multifamily, where you can owner-occupy or invest with a property that needs some cosmetic work and new appliances. The second unit has potential for a 2nd floor with 3 more bedrooms, making it a great investment opportunity for those looking to expand their portfolio. Also comes with a partially finished space in the basement. The newer furnaces, with one installed in 2020 and the other no more than 5 years old, make this property even more attractive (APO). Includes 2 gas heating units, separate electrical, and a 2 car garage, providing ample space and convenience for residents. While the wood floors need to be brought back to their former shine, this is an easy fix for anyone looking to invest in this property. Will likely pass FHA & VA Financing.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73098154)

Gross Income: $0

Gross Expenses: $4,268

Net Income Calc: $4,268

Annual Expenses for 20 Burlington St, Springfield MA 01108

Total Gross Expenses (Calculated)$4,268/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4268

Annual Income & Unit Breakdown for 20 Burlington St, Springfield MA 01108

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 20 Burlington St, Springfield MA 01108

Listing ID73098154

Property TypeMulti Family

Price300000 ($95.33/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3147

Approximate Lot Size (Acres)0.17

Total Parking6 (2 Garage)

Garage Parking2

Year Built1896

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 20 Burlington St, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 OnGross/full Sale Price

Financial Information for 20 Burlington St, Springfield MA 01108

Real Estate Taxes4268

Tax Year2023

Assessed Value$250,300

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 20 Burlington St, Springfield MA 01108

Elementary SchoolSumner Ave

Middle SchoolForest Park

High SchoolScience-Tech

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 20 Burlington St, Springfield MA 01108

Agent

Name: The Generation Group

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Payment Calculator

, Interest

Property Taxes 355.67

Principal & Interest 1848.5

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

The Generation Group

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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    [unparsed] => 20 Burlington St, Springfield MA 01108
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EXIT

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