New Multi-Family Listing at 51-53 Pasco Rd, Springfield, MATake advantage of this incredible opportunity to own a multi-family home with plenty of space and great income potential. This property features a 5-bedroom unit and a 3-bedroom unit, with the second floor including ...
This home has been viewed 76 times
Last Checked: April 29th, 2025 at 6:23am (Source: MLS PIN #73342641)
Gross Income: $21,600
Gross Expenses: $447,467
Net Income Calc: $425,867
CAP Rate: -103.87%
Annual Expenses for 51-53 Pasco Rd, Springfield MA 01151
Total Gross Expenses (Calculated)$447,467/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$447,467
Annual Income & Unit Breakdown for 51-53 Pasco Rd, Springfield MA 01151
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$1,800
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent IncludesUnit 1(water)
General Information for 51-53 Pasco Rd, Springfield MA 01151
Listing ID73342641
Property TypeMulti Family / 2 Family
Price$410,000 ($155.89/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,630 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking4
Garage Parking
Year Built1901
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor SpaceEnclosed, Patio - Enclosed, Porch
ZoningR1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 51-53 Pasco Rd, Springfield MA 01151
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 Compensation2%
Facilitator Compensation$1000
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 51-53 Pasco Rd, Springfield MA 01151
Real Estate Taxes$447,467
Tax Year2024
Assessed Value$285,400
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)-103.87%
Location Information for 51-53 Pasco Rd, Springfield MA 01151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 51-53 Pasco Rd, Springfield MA 01151