ATTENTION INVESTORS - Amazing opportunity for 2 family in Forest Park section of Springfield. Located near many area amenities and Longmeadow line. Both units FULLY VACANT for the new buyer. Each unit has 3 bedrooms, 1 bath, spacious living rooms and dining rooms along with an enclosed porch. 2 car garage, separate utilities and updated mechanicals. Property being strictly sold in “as-is” condition.
This home has been viewed 22 times
Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73114168)
Gross Income: $0
Gross Expenses: $3,889
Net Income Calc: $3,889
CAP Rate: -1.56%
Annual Expenses for 48-50 Draper St, Springfield MA 01108
Total Gross Expenses (Calculated)$3,889/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,889
Annual Income & Unit Breakdown for 48-50 Draper St, Springfield MA 01108
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 48-50 Draper St, Springfield MA 01108
Listing ID73114168
Property TypeMulti Family
Price$250,000 ($103.39/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,418 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1925
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area1196
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 48-50 Draper St, 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$0
Total Net Income By Broker$0
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 48-50 Draper St, Springfield MA 01108
Real Estate Taxes$3,889
Tax Year2023
Assessed Value$228,100
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)-1.56%
Location Information for 48-50 Draper St, Springfield MA 01108
Elementary SchoolAlice B Beal
Middle SchoolForest Park
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Park, Public Transportation
Contact Information for 48-50 Draper St, Springfield MA 01108