***INVESTORS TAKE NOTICE...BUYER’S FINANCING FELL THROUGH!!! Opportunity Knocks 2-Family Home in Prime Springfield Location*** 3 Bedrooms per Unit + 2-Car Garage.This cash cow 2-family home, is perfectly located between Springfield College and American International College....
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Last Checked: March 15th, 2025 at 4:19am (Source: MLS PIN #73314952)
Gross Income: $21,600
Gross Expenses: $3,980
Net Income Calc: $17,620
CAP Rate: 5.88%
Annual Expenses for 156-158 Norfolk St, Springfield MA 01109
Total Gross Expenses (Calculated)$3,980/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,980
Annual Income & Unit Breakdown for 156-158 Norfolk St, Springfield MA 01109
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$1,800
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 156-158 Norfolk St, Springfield MA 01109
Listing ID73314952
Property TypeMulti Family
Price$299,900 ($131.08/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,288 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1928
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther, Corner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 156-158 Norfolk St, Springfield MA 01109
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$21,600
Total Net Income By Broker$21,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 156-158 Norfolk St, Springfield MA 01109
Real Estate Taxes$3,980
Tax Year2024
Assessed Value$247,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$21,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$21,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.88%
Location Information for 156-158 Norfolk St, Springfield MA 01109
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Public School, Public Transportation, Other
Contact Information for 156-158 Norfolk St, Springfield MA 01109