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 43 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
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 Tax3252
Annual Income & Unit Breakdown for 21 Ozark St, Springfield MA 01108
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 21 Ozark St, Springfield MA 01108
Listing ID73065853
Property TypeMulti Family / 2 Family
Price230000 ($98.25/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total2341
Approximate Lot Size (Acres)0.11
Total Parking10 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 21 Ozark St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Exclusions.
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 Compensation2.5%
Facilitator Compensation1%
Compensation Based OnNet Sale Price
Financial Information for 21 Ozark St, Springfield MA 01108
Real Estate Taxes3252
Tax Year2022
Assessed Value$172,800
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 21 Ozark St, Springfield MA 01108
Neighborhood(s)
MLS AreaForest Park
Area Amenities
Contact Information for 21 Ozark St, Springfield MA 01108