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Closed

73 Melville St, Springfield MA 01104

$300,000

Estimated $847.20/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $150,000

Total Rent: 30600/year

Estimated CAP Rate: 8.76%

4 Bedrooms

2 Full Baths

1,728 SqFt

Total Parking: 4

3,999 SqFt

2 Family Home in Excellent Condition in Popular East Springfield Neighborhood Close to Highways/Shops/Schools and Marshall Roy Park. Perfect Opportunity for Owner Occupied or Investor Buyer! This home is FHA Ready and is meticulously cared for by the current owner. This home has nice curb appeal with concrete driveway for off street parking, freshly painted, replacement windows and doors and clean, cleat flat yard. The interior apartments are remodeled and well maintained featuring upgraded cabinets and counters in an eat-in kitchen, hardwood flooring and good sized bedrooms. This may be the one you have been waiting for, come and see all this home has to offer.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 6:56am (Source: MLS PIN #73096509)

Gross Income: $30,600

Gross Expenses: $4,329

Net Income Calc: $26,271

CAP Rate: 8.76%

Annual Expenses for 73 Melville St, Springfield MA 01104

Total Gross Expenses (Calculated)$4,329/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,329

Annual Income & Unit Breakdown for 73 Melville St, Springfield MA 01104

Total Gross Income (Calculated)$30,600

Unit 1

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,350

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 73 Melville St, Springfield MA 01104

Listing ID73096509

Property TypeMulti Family

Price$300,000 ($173.61/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS AreaEast Springfield

Neighborhood(s)

Approximate Living Area Total1,728 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking4

Garage Parking

Year Built1970

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 73 Melville St, Springfield MA 01104

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$0

Total Gross Income By Broker$30,600

Total Net Income By Broker$30,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation2.5%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 73 Melville St, Springfield MA 01104

Real Estate Taxes$4,329

Tax Year2023

Assessed Value$253,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.76%

Location Information for 73 Melville St, Springfield MA 01104

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Springfield

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Bike Path, Public Transportation, Tennis Court(s), Private School, University

Contact Information for 73 Melville St, Springfield MA 01104

Agent

Name: Chester Ardolino

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-596-6711

Payment Calculator

, Interest

Property Taxes 360.75

Principal & Interest 1848.5

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Realty Professionals

Chester Ardolino

Agent Phone

Office Phone

(413) 596-6711

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73096509&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 06:56:06
                    [modified] => 2024-05-07 06:56:06
                )

[21] => Array
                (
                    [id] => 7507072
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73096509&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 06:56:06
                    [modified] => 2024-05-07 06:56:06
                )

)

)

EXIT