Your opportunity awaits with this beautifully updated property, ideal for generating income! Featuring newer siding, windows, roof and furnaces, as well as front porches. The commercial storefront offers additional income potential. Both units boast new kitchens and new bath...
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Last Checked: October 7th, 2024 at 6:55pm (Source: MLS PIN #73258287)
Gross Income: $21,000
Gross Expenses: $4,538
Net Income Calc: $16,462
CAP Rate: 3.29%
Annual Expenses for 293-295 Walnut St, Springfield MA 01105
Total Gross Expenses (Calculated)$4,538/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,538.71
Annual Income & Unit Breakdown for 293-295 Walnut St, Springfield MA 01105
Total Gross Income (Calculated)$21,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$1,750
Lease
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
General Information for 293-295 Walnut St, Springfield MA 01105
Listing ID73258287
Property TypeMulti Family / 3 Family
Price$499,900 ($114.24/SqFt)
Style3 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total4,376 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking10
Garage Parking
Year Built1897
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesNo
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningB1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 293-295 Walnut St, Springfield MA 01105
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureIncludes commercial space
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$21,600
Total Net Income By Broker$21,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 293-295 Walnut St, Springfield MA 01105
Real Estate Taxes$4,538.71
Tax Year2023
Assessed Value$266,200
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$21,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$21,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.29%
Location Information for 293-295 Walnut St, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Medical Facility, Laundromat, Public Transportation
Contact Information for 293-295 Walnut St, Springfield MA 01105