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75-77 Hampden St, Springfield MA 01151

$289,000

Estimated $870.53/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $144,500

Total Rent: 16800/year

Estimated CAP Rate: 4.14%

6 Bedrooms

3 Full Baths

3,938 SqFt

Total Parking: 0

9,239 SqFt

Two-family home offers the perfect balance of immediate rental income, low operating costs, and strong growth potential in a market experiencing rapid development. Whether you’re looking for a turnkey investment or a home with additional rental income, this property provides exceptional value with the added bonus of future appreciation. Take advantage of this rare opportunity to secure a highly desirable investment property in Springfield’s thriving real estate market. Schedule your private showing today and start building your future with this prime investment.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 36 times

Last Checked: November 9th, 2024 at 5:21am (Source: MLS PIN #73295699)

Gross Income: $16,800

Gross Expenses: $4,823

Net Income Calc: $11,977

CAP Rate: 4.14%

Annual Expenses for 75-77 Hampden St, Springfield MA 01151

Total Gross Expenses (Calculated)$4,823/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,823

Annual Income & Unit Breakdown for 75-77 Hampden St, Springfield MA 01151

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$1,400

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent IncludesNo

General Information for 75-77 Hampden St, Springfield MA 01151

Listing ID73295699

Property TypeMulti Family

Price$289,000 ($73.39/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,938 SqFt

Approximate Lot Size (Acres)0.21 acres

Total Parking0

Garage Parking

Year Built1913

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 75-77 Hampden St, Springfield MA 01151

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$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 75-77 Hampden St, Springfield MA 01151

Real Estate Taxes$4,823

Tax Year2024

Assessed Value$300,300

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.14%

Location Information for 75-77 Hampden St, Springfield MA 01151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 75-77 Hampden St, Springfield MA 01151

Agent

Name: Ronald Rene

Office

Name: Vicente Realty, LLC

Phone: 508-944-3144

Payment Calculator

, Interest

Property Taxes 401.92

Principal & Interest 1780.73

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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)

EXIT