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161 New Bridge St, West Springfield MA 01089

Expired

161 New Bridge St, West Springfield MA 01089

$279,999

Estimated $717/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $139,999.50

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

2282

Total Parking: 3 (1 Garage)

5,000 (0.11)

Perfect for owner occupied buyer, centrally located and close to everything. Two family house being renovated to 4 beds and 3 beds with rents for $1800 and $1500 respectively with plan approved by the city. All new plumbing and electrical roughs are done and all are ready for finishing. Owner lives in Boston and wants to transfer all investments there. More than $110K repairs spent already including 2 new dormers to make legal bedrooms this property just needs the final touches! ARV is around $340K based on comparable. Will need hard money lender or rehab loans and sold as is. This is better than buying old existing ready-to-move-in property and won't last.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 8:31am (Source: MLS PIN #73114630)

Gross Income: $0

Gross Expenses: $3,156

Net Income Calc: $3,156

Annual Expenses for 161 New Bridge St, West Springfield MA 01089

Total Gross Expenses (Calculated)$3,156/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3156

Annual Income & Unit Breakdown for 161 New Bridge St, West Springfield MA 01089

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 161 New Bridge St, West Springfield MA 01089

Listing ID73114630

Property TypeMulti Family

Price279999 ($122.7/SqFt)

StyleMulti Family

CityWest Springfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2282

Approximate Lot Size (Acres)0.11

Total Parking3 (1 Garage)

Garage Parking1

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning0

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 161 New Bridge St, West Springfield MA 01089

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 161 New Bridge St, West Springfield MA 01089

Real Estate Taxes3156

Tax Year2023

Assessed Value$203,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 161 New Bridge St, West Springfield MA 01089

Neighborhood(s)

Area Amenities

Contact Information for 161 New Bridge St, West Springfield MA 01089

Agent

Name: Pablo Ottenwalder

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 263

Principal & Interest 1725.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Pablo Ottenwalder

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT

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