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156-158 Norfolk St, Springfield MA 01109

$299,900

Estimated $817.96/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $149,950

Total Rent: 21600/year

Estimated CAP Rate: 5.88%

6 Bedrooms

2 Full Baths

2,288 SqFt

Total Parking: 6 (2 Garage)

5,236 SqFt

***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. Whether you're an investor or looking for a multi-generational living arrangement, this property offers incredible value with two spacious 3-bedroom units, a 2-car garage, and a prime location near colleges, amenities, and public transportation. Ideal for families, students, or roommates. Schedule your showing and don't miss this OPPORTUNITY!!!

This home has been viewed 118 times

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

Agent

Name: Allen Murray

MLS ID: M9502309

Office ID: AC1163

National Association ID: 452504250

Address: 15 Joanne Road

City: Springfield

State: MA

Zip: 01119

Office

Name: Home Equity Assets Realty, LLC

MLS Office ID: AC1163

Phone: 413-328-0799

Payment Calculator

, Interest

Property Taxes 331.67

Principal & Interest 1847.89

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Equity Assets Realty, LLC

Allen Murray

Agent Phone

Office Phone

(413) 328-0799

Text Agent Call Agent Call Office

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EXIT