$4,450 a month of Income. This Beautiful Victorian 2 family home pays for itself and has had a 100% renovation 5 years ago. This house was stripped to the studs. New HVAC, Electric and plumbing throughout. New roof(including plywood sheathing). Harvey energy efficient window...
This home has been viewed 23 times
Last Checked: April 22nd, 2025 at 7:13am (Source: MLS PIN #73358250)
Gross Income: $48,600
Gross Expenses: $23,100
Net Income Calc: $25,500
CAP Rate: 4.26%
Annual Expenses for 120 Mill St, Springfield MA 01108
Total Gross Expenses (Calculated)$23,100/year
APOD AvailableYes
Heating
Electricity
Water$2,495
Gas$2,495
Insurance$3,162
Sewer$2,495
Trash Removal$180
Repair & Maintenance$9,634
Management$650
Miscellaneous
Real Estate Tax$6,979.05
Annual Income & Unit Breakdown for 120 Mill St, Springfield MA 01108
Total Gross Income (Calculated)$48,600
Unit 1
Rental Income$1,450
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,600
LeaseY
Bedrooms6
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 120 Mill St, Springfield MA 01108
Listing ID73358250
Property TypeMulti Family / 2 Family
Price$599,000 ($115.35/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaSo End Central
Neighborhood(s)
Approximate Living Area Total5,193 SqFt
Approximate Lot Size (Acres)0.51 acres
Total Parking6
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesWooded
Foundation Area
Foundation DescriptionConcrete Perimeter,Brick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningSR2R3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesPicture Window, Insulated Windows
Terms
Disclosures for 120 Mill St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceAccountant
Total Gross Expenses By Broker$5,837
Total Gross Income By Broker$53,400
Total Net Income By Broker$47,743
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 120 Mill St, Springfield MA 01108
Real Estate Taxes$6,979.05
Tax Year2024
Assessed Value$579,400
Financial Data SourceAccountant
Total Gross Expenses By Broker$5,837
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$53,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$47,743
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.26%
Location Information for 120 Mill St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSo End Central
Area Amenities
Contact Information for 120 Mill St, Springfield MA 01108