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 30 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
Water Views
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 Tax3889
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
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 48-50 Draper St, Springfield MA 01108
Listing ID73114168
Property TypeMulti Family
Price250000 ($103.39/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2418
Approximate Lot Size (Acres)0.11
Total Parking4 (2 Garage)
Garage Parking2
Year Built1925
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1196
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront 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
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 48-50 Draper St, Springfield MA 01108
Real Estate Taxes3889
Tax Year2023
Assessed Value$228,100
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 48-50 Draper St, Springfield MA 01108
Elementary SchoolAlice B Beal
Middle SchoolForest Park
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 48-50 Draper St, Springfield MA 01108