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74-78 Leyfred Ter, Springfield MA 01108

$329,000

Estimated $828.14/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $164,500

Total Rent: 25200/year

Estimated CAP Rate: 6.58%

8 Bedrooms

2 Full, 2 Half Baths

3,190 SqFt

Total Parking: 2

6,412 SqFt

The property is ideally situated in one of Springfield’s most desirable residential areas, balancing quiet, family-friendly surroundings with convenient access to city amenities. Its location provides easy access to: **Downtown Springfield**: Just minutes from the vibrant downtown district, tenants will enjoy close proximity to **MGM Springfield**, a major attraction that has spurred significant economic growth, creating jobs and attracting new residents to the city. Restaurants, shopping centers, theaters, and entertainment venues are all within easy reach.Quick access to I-91, I-291, and the Mass Pike (I-90) means easy commuting for tenants working in nearby cities like **Hartford**, **Boston**, or **New York City**. The property is also well-serviced by local public transportation, with buses and train lines within walking distance.This property can be purchased as a portfolio with a few other Multi-families own by the same owner. ( MLS 73295697, 73295694 , 73295699, 73295698)

This home has been viewed 25 times

Last Checked: December 27th, 2024 at 5:18am (Source: MLS PIN #73295695)

Gross Income: $25,200

Gross Expenses: $3,536

Net Income Calc: $21,664

CAP Rate: 6.58%

Annual Expenses for 74-78 Leyfred Ter, Springfield MA 01108

Total Gross Expenses (Calculated)$3,536/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,536

Annual Income & Unit Breakdown for 74-78 Leyfred Ter, Springfield MA 01108

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$2,100

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit3

HeatingNo

Rent Includes

General Information for 74-78 Leyfred Ter, Springfield MA 01108

Listing ID73295695

Property TypeMulti Family

Price$329,000 ($103.13/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,190 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking2

Garage Parking

Year Built1922

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 74-78 Leyfred Ter, 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$25,200

Total Net Income By Broker$25,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 74-78 Leyfred Ter, Springfield MA 01108

Real Estate Taxes$3,536

Tax Year2024

Assessed Value$220,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$25,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$25,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.58%

Location Information for 74-78 Leyfred Ter, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 74-78 Leyfred Ter, Springfield MA 01108

Agent

Name: Ronald Rene

Office

Name: Vicente Realty, LLC

Phone: 508-944-3144

Payment Calculator

, Interest

Property Taxes 294.67

Principal & Interest 2027.19

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vicente Realty, LLC

Ronald Rene

Agent Phone

Office Phone

(508) 944-3144

Text Agent Call Agent Call Office

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    [zoning_details] => 
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)

EXIT