Presenting a prime multi-family portfolio investment in Springfield! Located at 52-56 Loring St, this portfolio includes two properties: a 2-unit and a 1-unit building, offering a total of 3 income-generating units. Whether you’re looking to expand your investment portfolio or enter the multi-family market, this opportunity provides immediate rental income potential in a desirable location.
This home has been viewed 67 times
Last Checked: May 7th, 2025 at 4:19am (Source: MLS PIN #73361463)
Gross Income: $16,320
Gross Expenses: $3,553
Net Income Calc: $12,767
CAP Rate: 3.19%
Annual Expenses for 52-56 Loring St, Springfield MA 01105
Total Gross Expenses (Calculated)$3,553/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,553
Annual Income & Unit Breakdown for 52-56 Loring St, Springfield MA 01105
Total Gross Income (Calculated)$16,320
Unit 1
Rental Income$680
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$680
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 52-56 Loring St, Springfield MA 01105
Listing ID73361463
Property TypeMulti Family / 3 Family
Price$400,000 ($119.98/SqFt)
Style3 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,334 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1908
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 52-56 Loring St, Springfield MA 01105
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$9,000
Total Net Income By Broker$9,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 52-56 Loring St, Springfield MA 01105
Real Estate Taxes$3,553
Tax Year2022
Assessed Value$188,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.19%
Location Information for 52-56 Loring St, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 52-56 Loring St, Springfield MA 01105