Don't miss this incredible opportunity to own an income generating multi-family property in Springfield! This 4084 sqft home offers 8 bedrooms and 3 bathrooms spread across two units. Unit 1 has 2 bedrooms, 1 bathroom and a large living room/dining room tandem, while Unit 2 has 6 bedrooms and 2 bathrooms, one on each floor. Unit 2 was recently renovated. Property consists of updated plumbing and electrical. Lead compliance letters are available for each unit. Enjoy the convenience of 4 parking spots. This property has vacant unit ready for owner occupancy or available to be rented for additional income. *** Open house canceled***
This home has been viewed 20 times
Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73103059)
Gross Income: $39,600
Gross Expenses: $3,466
Net Income Calc: $36,134
CAP Rate: 10.95%
Annual Expenses for 76 Fort Pleasant Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$3,466/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,466
Annual Income & Unit Breakdown for 76 Fort Pleasant Ave, Springfield MA 01108
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$1,100
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,200
LeaseN
Bedrooms6
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 76 Fort Pleasant Ave, Springfield MA 01108
Listing ID73103059
Property TypeMulti Family
Price$330,000 ($80.8/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total4,084 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking4
Garage Parking
Year Built1914
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 76 Fort Pleasant Ave, Springfield MA 01108
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$13,200
Total Net Income By Broker$13,200
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 76 Fort Pleasant Ave, Springfield MA 01108
Real Estate Taxes$3,466
Tax Year2023
Assessed Value$203,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$13,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$13,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.95%
Location Information for 76 Fort Pleasant Ave, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Laundromat, Public Transportation
Contact Information for 76 Fort Pleasant Ave, Springfield MA 01108