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670 Main Street, West Springfield MA 01089

$400,000

Estimated $971.43/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $200,000

Total Rent: 30600/year

Estimated CAP Rate: 6.68%

5 Bedrooms

2 Full Baths

2,332 SqFt

Total Parking: 5

4,500 SqFt

Ready to make some money ? This two family property is a money maker. First and second floors have similar layouts with two bedrooms, one full bath, kitchen and living room. The second floor unit has the ability to utilize the third floor adding two more bedrooms and a sitting area. Recent updates include a new driveway, bathroom and countertops in the first floor (APO). Lead compliant. This is the one you want to add to your investing portfolio.

This home has been viewed 38 times

Last Checked: November 27th, 2024 at 5:19am (Source: MLS PIN #73311856)

Gross Income: $30,600

Gross Expenses: $3,874

Net Income Calc: $26,726

CAP Rate: 6.68%

Annual Expenses for 670 Main Street, West Springfield MA 01089

Total Gross Expenses (Calculated)$3,874/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,874

Annual Income & Unit Breakdown for 670 Main Street, West Springfield MA 01089

Total Gross Income (Calculated)$30,600

Unit 1

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 670 Main Street, West Springfield MA 01089

Listing ID73311856

Property TypeMulti Family / 2 Family

Price$400,000 ($171.53/SqFt)

Style2 Family - 2 Units Up/down

CityWest Springfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,332 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking5

Garage Parking

Year Built1922

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionIrregular

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 670 Main Street, West Springfield MA 01089

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosuredoes not include 3rd floor

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,600

Total Net Income By Broker$30,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 670 Main Street, West Springfield MA 01089

Real Estate Taxes$3,874

Tax Year2024

Assessed Value$261,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.68%

Location Information for 670 Main Street, West Springfield MA 01089

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Laundromat, Public Transportation

Contact Information for 670 Main Street, West Springfield MA 01089

Agent

Name: Laura Kuhnel

Office

Name: Coldwell Banker Realty - Western MA

Phone: 413-567-8931

Payment Calculator

, Interest

Property Taxes 322.83

Principal & Interest 2464.67

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Western MA

Laura Kuhnel

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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EXIT