Overview Property Details Payment Calculator Walkability

Active

69-71 Ranney St, Springfield MA 01108

$439,900

Estimated $1,174.30/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $219,950

Total Rent: 34800/year

Estimated CAP Rate: 6.65%

8 Bedrooms

2 Full Baths

3,262 SqFt

Total Parking: 5

5,637 SqFt

Prime Investment Opportunity - Fully vacant and remodeled 2-Family in a Desirable Location! Nestled in a centrally located neighborhood, this property offers easy access to shopping, dining, and schools. The first floor unit has 2 bedrooms, bath, kitchen, living and dining ...

This home has been viewed 34 times

Last Checked: July 29th, 2025 at 5:48am (Source: MLS PIN #73394189)

Gross Income: $34,800

Gross Expenses: $5,532

Net Income Calc: $29,268

CAP Rate: 6.65%

Annual Expenses for 69-71 Ranney St, Springfield MA 01108

Total Gross Expenses (Calculated)$5,532/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,532

Annual Income & Unit Breakdown for 69-71 Ranney St, Springfield MA 01108

Total Gross Income (Calculated)$34,800

Unit 1

Rental Income$1,450

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,450

LeaseN

Bedrooms6

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 69-71 Ranney St, Springfield MA 01108

Listing ID73394189

Property TypeMulti Family / 2 Family

Price$439,900 ($134.86/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,262 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking5

Garage Parking

Year Built1913

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 69-71 Ranney St, Springfield MA 01108

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$34,800

Total Net Income By Broker$34,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 69-71 Ranney St, Springfield MA 01108

Real Estate Taxes$5,532

Tax Year2025

Assessed Value$352,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$34,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$34,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.65%

Location Information for 69-71 Ranney St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 69-71 Ranney St, Springfield MA 01108

Agent

Name: Emmanuel Pedro

MLS ID: CN212792

Office ID: NB1813

National Association ID: 452509006

Address: 78 Chapin Circle

City: Ludlow

State: MA

Zip: 01056

Office

Name: Ideal Real Estate Services, Inc.

MLS Office ID: NB1813

Phone: 413-583-8882

Payment Calculator

$3,171.52 per month

30 Years Fixed, 6.75% Interest

Property Taxes $461.00

Principal & Interest $2,710.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Ideal Real Estate Services, Inc.

Emmanuel Pedro

Agent Phone

Office Phone

(413) 583-8882

Text Agent Call Agent Call Office

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EXIT