Two Family in great neighborhood near Hubbard Park and very near Wilbraham and Ludlow town line! Situated on a lovely tree lined street with easy access to shopping, schools and highways. This is a HUD property, SOLD "AS IS" by ELECTRONIC BIDDING ONLY. WILL NOT REPLACE OR REPAIR ANY ISSUE. SMOKE CERT & FINAL WATER READING are BUYERS/BUYERS AGENTS RESPONSIBILITY. It's recommended the Buyers Lawyer, PERFORM DUE DILIGENCE on behalf of the Buyer. Listed as "UI" (UNINSURED), HUD Case # 251-623443. Financial terms: CASH, CONVENTIONAL, or FHA 203K. Equal Housing Opportunity. Seller DISCLOSURES and LBP Addendum ATTACHED. ELIGIBLE BIDDERS: ALL BIDDERS, from 1/08/2025 by 11:59 PM Central Time, then DAILY UNTIL SOLD. BUYER to verify all info. All showings are subject to the STATES Covid-19 ORDERS. Please make an an appointment to see this home with a Real Estate Agent or Broker of your choice.
This home has been viewed 30 times
Last Checked: January 14th, 2025 at 5:19am (Source: MLS PIN #73277562)
Gross Income: $0
Gross Expenses: $4,996
Net Income Calc: $4,996
CAP Rate: -2.16%
Annual Expenses for 27-29 Rapalus St, Springfield MA 01151
Total Gross Expenses (Calculated)$4,996/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,996
Annual Income & Unit Breakdown for 27-29 Rapalus St, Springfield MA 01151
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 27-29 Rapalus St, Springfield MA 01151
Listing ID73277562
Property TypeMulti Family / 2 Family
Price$231,000 ($128.33/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaIndian Orchard
Neighborhood(s)
Approximate Living Area Total1,800 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1916
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 27-29 Rapalus St, Springfield MA 01151
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 Compensation3%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 27-29 Rapalus St, Springfield MA 01151
Real Estate Taxes$4,996
Tax Year2024
Assessed Value$311,100
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)-2.16%
Location Information for 27-29 Rapalus St, Springfield MA 01151
Elementary SchoolI.O. Elementary
Middle SchoolJfk Middle Sch.
High SchoolSpfld Pub. Day
Neighborhood(s)
MLS AreaIndian Orchard
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Tennis Court(s)
Contact Information for 27-29 Rapalus St, Springfield MA 01151