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Closed

21 Ozark St, Springfield MA 01108

$230,000

Estimated $643.94/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $115,000

Total Rent: 30000/year

Estimated CAP Rate: 11.63%

7 Bedrooms

3 Full Baths

2,341 SqFt

Total Parking: 10 (2 Garage)

5,001 SqFt

INVESTORS TAKE NOTICE! This large multifamily home in Springfield's most historic neighborhood- Forest Park- is BEAMING with potential! U1 on the 1st flr includes 3 spacious bdrms, living rm, kitchen, pantry, & full bthrm. U2 on the 2nd flr mirrors that of the 1st flr, but ALSO has direct access to a tremendous value add opportunity- a bonus space on the 3rd flr that boasts a bdrm, living rm, kitchen, & bthrm! Units 1 & 2 are separately metered for utilities including gas heat, electric, & hot water. Prprty includes abundant parking space & a 2 car garage. Close to I91; the "X" commercial district; & Forest Park, which has a zoo, trails, ponds, swimming pools, playgrounds, tennis courts, ice rink, & more! Universities, colleges, & community colleges can also be found in the area. Perfect for the homebuyer that would like to live in 1 unit and rent out the other to pay the mortgage. BEING SOLD AS-IS. CASH & CONV OFFERS ONLY. Property being sold w/ 1 unit vacant & 1 unit occupied.

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 8:51am (Source: MLS PIN #73065853)

Gross Income: $30,000

Gross Expenses: $3,252

Net Income Calc: $26,748

CAP Rate: 11.63%

Annual Expenses for 21 Ozark St, Springfield MA 01108

Total Gross Expenses (Calculated)$3,252/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,252

Annual Income & Unit Breakdown for 21 Ozark St, Springfield MA 01108

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$1,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 21 Ozark St, Springfield MA 01108

Listing ID73065853

Property TypeMulti Family / 2 Family

Price$230,000 ($98.25/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaForest Park

Neighborhood(s)

Approximate Living Area Total2,341 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking10 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

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 21 Ozark St, Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureFinished 3rd flr w/ ktchn, living rm, bthrm, bdrm.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 21 Ozark St, Springfield MA 01108

Real Estate Taxes$3,252

Tax Year2022

Assessed Value$172,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.63%

Location Information for 21 Ozark St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaForest Park

Area Amenities

Contact Information for 21 Ozark St, Springfield MA 01108

Agent

Name: The Merrill Group

Office

Name: Naples Realty Group

Phone: 413-650-1314

Team Members

Name: Brittany Sullivan Merrill

Phone: 413-478-8354

Payment Calculator

, Interest

Property Taxes 271

Principal & Interest 1417.19

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Naples Realty Group

The Merrill Group

Agent Phone

Office Phone

(413) 650-1314

Text Agent Call Agent Call Office

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                    [modified] => 2024-05-07 08:51:14
                )

[19] => Array
                (
                    [id] => 7727114
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
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                    [modified] => 2024-05-07 08:51:14
                )

[20] => Array
                (
                    [id] => 7727115
                    [name] => MLS21.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[21] => Array
                (
                    [id] => 7727116
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[22] => Array
                (
                    [id] => 7727117
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[23] => Array
                (
                    [id] => 7727118
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[24] => Array
                (
                    [id] => 7727119
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[25] => Array
                (
                    [id] => 7727120
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73065853&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[26] => Array
                (
                    [id] => 7727121
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

[27] => Array
                (
                    [id] => 7727122
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 08:51:14
                    [modified] => 2024-05-07 08:51:14
                )

)

)

EXIT