The property is equipped with individually metered utilities, including separate meters for gas heating, gas hot water, and electricity. In 2024, the building underwent significant upgrades, including the installation of 12 new Navien tankless combination water heaters and b...
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Last Checked: April 15th, 2025 at 4:23am (Source: MLS PIN #73342635)
Gross Income: $25,800
Gross Expenses: $43,479
Net Income Calc: $17,679
CAP Rate: -1.41%
Annual Expenses for 93 Florence, Springfield MA 01105
Total Gross Expenses (Calculated)$43,479/year
APOD AvailableYes
Heating
Electricity$613
Water$10,800
Gas$10,800
Insurance$5,856
Sewer$10,800
Trash Removal
Repair & Maintenance$3,000
Management$7,682
Miscellaneous
Real Estate Tax$15,528
Annual Income & Unit Breakdown for 93 Florence, Springfield MA 01105
Total Gross Income (Calculated)$25,800
Unit 1
Rental Income$1,050
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$1,100
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 93 Florence, Springfield MA 01105
Listing ID73342635
Property TypeMulti Family / 5+ Family
Price$1,250,000 ($124.83/SqFt)
Style5-9 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total10,014 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 93 Florence, Springfield MA 01105
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$58,397
Total Gross Income By Broker$158,400
Total Net Income By Broker$100,003
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 93 Florence, Springfield MA 01105
Real Estate Taxes$15,528
Tax Year2024
Assessed Value$979,100
Financial Data SourceOwner
Total Gross Expenses By Broker$58,397
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$158,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$100,003
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.41%
Location Information for 93 Florence, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Public Transportation, University
Contact Information for 93 Florence, Springfield MA 01105