Prime Investment Opportunity – Legal 4-Family in a Desirable Location!This legal 4-family property, currently used as a 3-family, ( just add a door and a few minor changes) is an incredible opportunity for investors or owner-occupants. Nestled in a sought-after and convenien...
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Last Checked: July 2nd, 2025 at 5:08am (Source: MLS PIN #73352283)
Gross Income: $20,400
Gross Expenses: $4,155
Net Income Calc: $16,245
CAP Rate: 3.09%
Annual Expenses for 16 Worthen St, West Springfield MA 01089
Total Gross Expenses (Calculated)$4,155/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,155
Annual Income & Unit Breakdown for 16 Worthen St, West Springfield MA 01089
Total Gross Income (Calculated)$20,400
Unit 1
Rental Income$600
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,100
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms4 Full
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 16 Worthen St, West Springfield MA 01089
Listing ID73352283
Property TypeMulti Family / 3 Family
Price$524,999 ($150.86/SqFt)
Style3 Family - 3 Units Up/down
CityWest Springfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,480 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking4
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor SpacePorch
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 16 Worthen St, West Springfield MA 01089
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$28,800
Total Net Income By Broker$28,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 16 Worthen St, West Springfield MA 01089
Real Estate Taxes$4,155
Tax Year2025
Assessed Value$279,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$28,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$28,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.09%
Location Information for 16 Worthen St, West Springfield MA 01089
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping
Contact Information for 16 Worthen St, West Springfield MA 01089