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107 Thompson St, Springfield MA 01109

$280,000

Estimated $828.35/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $140,000

Total Rent: 33120/year

Estimated CAP Rate: 10.22%

5 Bedrooms

2 Full Baths

2,192 SqFt

Total Parking: 3

8,882 SqFt

Investors Take Notice! Here is your chance to own an investment property. This home is a Historic home. Seller has Lead Compliance Certificates for both 1st floor and 2nd floor. Both water heaters are presently rented out with Pivotal Solutions.

This home has been viewed 11 times

Last Checked: October 11th, 2024 at 4:19am (Source: MLS PIN #73279590)

Gross Income: $33,120

Gross Expenses: $4,492

Net Income Calc: $28,628

CAP Rate: 10.22%

Annual Expenses for 107 Thompson St, Springfield MA 01109

Total Gross Expenses (Calculated)$4,492/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,492

Annual Income & Unit Breakdown for 107 Thompson St, Springfield MA 01109

Total Gross Income (Calculated)$33,120

Unit 1

Rental Income$1,460

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

General Information for 107 Thompson St, Springfield MA 01109

Listing ID73279590

Property TypeMulti Family / 2 Family

Price$280,000 ($127.74/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaHill McKnight

Neighborhood(s)

Approximate Living Area Total2,192 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking3

Garage Parking

Year Built1896

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot FeaturesNo

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 107 Thompson St, Springfield MA 01109

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$17,520

Total Net Income By Broker$17,520

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 107 Thompson St, Springfield MA 01109

Real Estate Taxes$4,492

Tax Year2024

Assessed Value$279,700

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$17,520

BostonRealEstate.com Gross Income

Total Net Income By Broker$17,520

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.22%

Location Information for 107 Thompson St, Springfield MA 01109

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaHill McKnight

Area AmenitiesHighway Access, House Of Worship, Public School, Park, Laundromat, Public Transportation

Contact Information for 107 Thompson St, Springfield MA 01109

Agent

Name: Yolimar Torres

Office

Name: RE/MAX IGNITE

Phone: 413-391-7928

Team Members

Payment Calculator

, Interest

Property Taxes 374.33

Principal & Interest 1725.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX IGNITE

Yolimar Torres

Agent Phone

Office Phone

(413) 391-7928

Text Agent Call Agent Call Office

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EXIT