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444-446 Chestnut St, Springfield MA 01107

$375,000

Estimated $973.48/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $93,750

Total Rent: 34200/year

Estimated CAP Rate: 5.08%

8 Bedrooms

3 Full, 1 Half Baths

3,830 SqFt

Total Parking: 0

3,829 SqFt

Brick Mixed use Four family has a barbershop on first floor and three apartments with one vacant unit and parking lot can be purchased separately .Adjoining property also for sale. Seller will consider Cash, Commercial mortgage or mixed use financing.

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73076991)

Gross Income: $34,200

Gross Expenses: $15,157

Net Income Calc: $19,043

CAP Rate: 5.08%

Annual Expenses for 444-446 Chestnut St, Springfield MA 01107

Total Gross Expenses (Calculated)$15,157/year

APOD AvailableYes

Heating

Electricity$504

Water$3,276

Gas$3,276

Insurance$4,592

Sewer$3,276

Trash Removal$2,400

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,385

Annual Income & Unit Breakdown for 444-446 Chestnut St, Springfield MA 01107

Total Gross Income (Calculated)$34,200

Unit 1

Rental Income$1,100

LeaseY

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$850

LeaseN

Bedrooms3

Bathrooms1 Full

Floor4

Levels in Unit1

HeatingNo

Rent Includes

General Information for 444-446 Chestnut St, Springfield MA 01107

Listing ID73076991

Property TypeMulti Family / 4 Family

Price$375,000 ($97.91/SqFt)

Style4 Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,830 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1909

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 444-446 Chestnut St, Springfield MA 01107

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$3,000

Total Gross Income By Broker$45,000

Total Net Income By Broker$45,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 444-446 Chestnut St, Springfield MA 01107

Real Estate Taxes$4,385

Tax Year2022

Assessed Value$199,800

Financial Data Source

Total Gross Expenses By Broker$3,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$45,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$45,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.08%

Location Information for 444-446 Chestnut St, Springfield MA 01107

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station

Contact Information for 444-446 Chestnut St, Springfield MA 01107

Agent

Name: Stephen Byrne

Office

Name: First Place Realty

Phone: 413-734-4300

Team Members

Name: Eamonn Byrne

Phone: 413-454-2733

Payment Calculator

, Interest

Property Taxes 365.42

Principal & Interest 2310.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

First Place Realty

Stephen Byrne

Agent Phone

Office Phone

(413) 734-4300

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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[terms] => Array
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[uffi] => Array
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EXIT

Closed

444-446 Chestnut St, Springfield MA 01107

$375,000

Annual Expenses for 444-446 Chestnut St, Springfield MA 01107

Annual Income & Unit Breakdown for 444-446 Chestnut St, Springfield MA 01107

General Information for 444-446 Chestnut St, Springfield MA 01107

Disclosures for 444-446 Chestnut St, Springfield MA 01107

Financial Information for 444-446 Chestnut St, Springfield MA 01107

Location Information for 444-446 Chestnut St, Springfield MA 01107

Contact Information for 444-446 Chestnut St, Springfield MA 01107

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

First Place Realty

Stephen Byrne