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170-172 Laconia St, Springfield MA 01129

$319,900

Estimated $902.39/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $159,950

Total Rent: 31800/year

Estimated CAP Rate: 8.50%

4 Bedrooms

2 Full, 2 Half Baths

1,836 SqFt

Total Parking: 4

5,001 SqFt

Great opportunity to own this lovely income producing duplex property near the Wilbraham town line ~ each unit offers good space, 2 large bedrooms, 1.5 baths and private basement area w/exterior access ~ separate utilities for gas, electric and central air on each side ~ APO the right side unit was completely updated in 2018-2019 with vinyl plank flooring on main level ~ new carpets in the bedrooms ~ ceiling fans in living room & bedrooms ~ remodeled kitchen w/updated cabinets, granite counters and stainless appliances ~ remodeled baths w/new tile floors, vanities & lighting ~ the right side is original from 1989 but well maintained ~ a new roof 2018 ~ new hot water heaters 2018 ~ new AC condenser 2023 ~ large exterior area for parking or entertaining ~ each side has a small back porch but needs TLC ~ storage shed to remain for buyers enjoyment but conveying in "as is" condition

This home has been viewed 44 times

Last Checked: May 7th, 2024 at 7:21am (Source: MLS PIN #73108430)

Gross Income: $31,800

Gross Expenses: $4,604

Net Income Calc: $27,196

CAP Rate: 8.50%

Annual Expenses for 170-172 Laconia St, Springfield MA 01129

Total Gross Expenses (Calculated)$4,604/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,604

Annual Income & Unit Breakdown for 170-172 Laconia St, Springfield MA 01129

Total Gross Income (Calculated)$31,800

Unit 1

Rental Income$1,300

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

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

Unit 2

Rental Income$1,350

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

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

General Information for 170-172 Laconia St, Springfield MA 01129

Listing ID73108430

Property TypeMulti Family

Price$319,900 ($174.24/SqFt)

StyleDuplex

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,836 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1989

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning12

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 170-172 Laconia St, Springfield MA 01129

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$31,800

Total Net Income By Broker$31,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25%%

Facilitator Compensation1.0%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 170-172 Laconia St, Springfield MA 01129

Real Estate Taxes$4,604

Tax Year2023

Assessed Value$270,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$31,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$31,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.50%

Location Information for 170-172 Laconia St, Springfield MA 01129

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Shopping, Public Transportation

Contact Information for 170-172 Laconia St, Springfield MA 01129

Agent

Name: Paula J. Smith

Office

Name: Berkshire Hathaway HomeServices Realty Professionals

Phone: 413-567-3361

Payment Calculator

, Interest

Property Taxes 383.67

Principal & Interest 1971.12

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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[perc_test] => Array
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[perc_test_date] => Unknown
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[20] => Array
                (
                    [id] => 7558245
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108430&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 07:21:26
                    [modified] => 2024-05-07 07:21:26
                )

[21] => Array
                (
                    [id] => 7558246
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108430&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 07:21:26
                    [modified] => 2024-05-07 07:21:26
                )

)

)

EXIT