Located in desirable Forest Park neighborhood, this large 2 family with a third level boasts 10 bedrooms and 3 full bathrooms. First floor unit featuring 3 bedrooms, 1 full bathroom, dining room and large front porch. Second unit has 7 bedrooms - 3 on first level and 4 additional on second level, as well as 2 full bathrooms, one on each level, dining room and two decks. Spacious rooms throughout the home, recently renovated new kitchens including a pantry with laundry area. Hardwood floors, updated electric, windows, siding, and heating. This home includes a large yard and 4 off street parking spots in driveway. Nearby transit, shops, restaurants and everything this vibrant city has to offer.
This home has been viewed 109 times
Last Checked: May 31st, 2025 at 4:29am (Source: MLS PIN #73337089)
Gross Income: $54,000
Gross Expenses: $3,533
Net Income Calc: $50,467
CAP Rate: 10.54%
Annual Expenses for 440 Sumner Avenue, Springfield MA 01108
Total Gross Expenses (Calculated)$3,533/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,533
Annual Income & Unit Breakdown for 440 Sumner Avenue, Springfield MA 01108
Total Gross Income (Calculated)$54,000
Unit 1
Rental Income$2,000
LeaseY
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,500
LeaseY
Bedrooms7
Bathrooms7 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 440 Sumner Avenue, Springfield MA 01108
Listing ID73337089
Property TypeMulti Family
Price$479,000 ($109.21/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total4,386 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking4
Garage Parking
Year Built1911
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpaceDeck, Porch
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 440 Sumner Avenue, 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$24,000
Total Net Income By Broker$24,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 440 Sumner Avenue, Springfield MA 01108
Real Estate Taxes$3,533
Tax Year2024
Assessed Value$220,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$24,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.54%
Location Information for 440 Sumner Avenue, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 440 Sumner Avenue, Springfield MA 01108