Great opportunity to own this FULLY VACANT 2-unit home featuring 5 rooms and 2 bedrooms per unit with updated kitchens, bathrooms, electricity, roof, and floors. Each unit has a gas furnace, and each floor has separately metered hot water tanks and electric panels. A large driveway and a Huge backyard make for no-fuss off-street parking. One new gas furnace is brand new. Nothing left to do but to move in and enjoy this amazing home. This 2 Family is perfect for an investor who is looking for a great investment property or an owner-occupied buyer who wants the other units to pay their mortgage. this one's a real money maker. Call before it's gone!Highest and best by Wednesday 5/24/2023 at 5:00 pm
This home has been viewed 18 times
Last Checked: May 7th, 2024 at 8:41am (Source: MLS PIN #73113689)
Gross Income: $0
Gross Expenses: $3,514
Net Income Calc: $3,514
CAP Rate: -1.12%
Annual Expenses for 389-391 Wilbraham Rd, Springfield MA 01109
Total Gross Expenses (Calculated)$3,514/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,514
Annual Income & Unit Breakdown for 389-391 Wilbraham Rd, Springfield MA 01109
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 389-391 Wilbraham Rd, Springfield MA 01109
Listing ID73113689
Property TypeMulti Family
Price$315,000 ($132.35/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,380 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6
Garage Parking
Year Built1922
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
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 389-391 Wilbraham Rd, Springfield MA 01109
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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 389-391 Wilbraham Rd, Springfield MA 01109
Real Estate Taxes$3,514
Tax Year2023
Assessed Value$206,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.12%
Location Information for 389-391 Wilbraham Rd, Springfield MA 01109
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, Tennis Court(s), Private School
Contact Information for 389-391 Wilbraham Rd, Springfield MA 01109