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Closed

531-533 Newbury St, Springfield MA 01104

$300,000

Estimated $865.53/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $150,000

Total Rent: 0/year

Estimated CAP Rate: -1.52%

6 Bedrooms

3 Full Baths

3,394 SqFt

Total Parking: 9 (3 Garage)

5,998 SqFt

Great opportunity to own this fabulous 2 family home on a great corner lot across from a small park-like diamond ~ pride of ownership shows here and the owners have taken excellent care of this home over the last 50+ years ~ both units offer large rooms and open spaces great for entertaining groups or hosting the holidays ~ relax on your front porch and watch the comings and goings or enjoy the cool evening breeze over a glass of wine ~ this home offers 6 bedrooms ~ 3 full baths ~ a walk-up attic ~ 3 car heated garage w/extra carport for additional storage ~ live on one floor and draw an income from the other ~ a fenced in back yard is sure to please ~ conveniently located with close proximity to shopping, major routes and the bus line ~ one unit is ready to move right in and enjoy the comforts of this lovely home! Property to be completely vacant by end of June or beginning of July. Highest and best offers are due on Sunday, 5/28/23 by 3PM

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 6:50am (Source: MLS PIN #73114679)

Gross Income: $0

Gross Expenses: $4,549

Net Income Calc: $4,549

CAP Rate: -1.52%

Annual Expenses for 531-533 Newbury St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,549/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,549

Annual Income & Unit Breakdown for 531-533 Newbury St, Springfield MA 01104

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat, Unit 2(heat, Gas)

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(heat, Unit 2(heat, Gas)

General Information for 531-533 Newbury St, Springfield MA 01104

Listing ID73114679

Property TypeMulti Family / 2 Family

Price$300,000 ($88.39/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaLiberty Heights

Neighborhood(s)

Approximate Living Area Total3,394 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking9 (3 Garage)

Garage Parking3 / Detached

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionBlock,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 531-533 Newbury St, Springfield MA 01104

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureFull walk up attic and basement previously used as

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 531-533 Newbury St, Springfield MA 01104

Real Estate Taxes$4,549

Tax Year2023

Assessed Value$266,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.52%

Location Information for 531-533 Newbury St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaLiberty Heights

Area AmenitiesHighway Access, Shopping, Medical Facility, Public Transportation

Contact Information for 531-533 Newbury St, Springfield MA 01104

Agent

Name: Paula J. Smith

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-567-3361

Team Members

Name: Teresa Kubacka

Phone: 413-250-6444

Payment Calculator

, Interest

Property Taxes 379.08

Principal & Interest 1848.5

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Paula J. Smith

Agent Phone

Office Phone

(413) 567-3361

Text Agent Call Agent Call Office

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                )

[20] => Array
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                )

[21] => Array
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                )

[22] => Array
                (
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                )

[23] => Array
                (
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                )

[24] => Array
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                    [index] => 25
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                )

[25] => Array
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                    [modified] => 2024-05-07 06:51:01
                )

[26] => Array
                (
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                )

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                (
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                    [modified] => 2024-05-07 06:51:01
                )

[28] => Array
                (
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:51:01
                )

[29] => Array
                (
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:51:01
                )

[30] => Array
                (
                    [id] => 7498013
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73114679&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:51:01
                )

[31] => Array
                (
                    [id] => 7498014
                    [name] => MLS32.jpg
                    [type] => gallery
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                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:51:01
                )

[32] => Array
                (
                    [id] => 7498015
                    [name] => MLS33.jpg
                    [type] => gallery
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                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:51:01
                )

[33] => Array
                (
                    [id] => 7498016
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                    [modified] => 2024-05-07 06:51:01
                )

[34] => Array
                (
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                    [index] => 35
                    [enabled] => 1
                    [created] => 2024-05-07 06:51:01
                    [modified] => 2024-05-07 06:51:01
                )

)

)

EXIT