4 Units in a brick building. Building is fully occupied with 3 2BR units and 1 1BR unit. Building is priced below market as it's in fair (not great) condition, but all units are occupied. Some updating could bring a nice return on value. Parking is on the street. Privat...
This home has been viewed 18 times
Last Checked: July 8th, 2025 at 6:08am (Source: MLS PIN #73396397)
Gross Income: $63,600
Gross Expenses: $5,777
Net Income Calc: $57,823
CAP Rate: 14.46%
Annual Expenses for 40 Byers St, Springfield MA 01105
Total Gross Expenses (Calculated)$5,777/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,777
Annual Income & Unit Breakdown for 40 Byers St, Springfield MA 01105
Total Gross Income (Calculated)$63,600
Unit 1
Rental Income$1,300
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,100
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 40 Byers St, Springfield MA 01105
Listing ID73396397
Property TypeMulti Family / 4 Family
Price$399,900 ($79.98/SqFt)
Style4 Family - 4 Units Up/down
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total5,000 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesSloped
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor SpacePorch
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 40 Byers St, Springfield MA 01105
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area DisclosureUnknown
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$63,600
Total Net Income By Broker$63,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 40 Byers St, Springfield MA 01105
Real Estate Taxes$5,777
Tax Year2025
Assessed Value$368,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$63,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$63,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)14.46%
Location Information for 40 Byers St, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public Transportation
Contact Information for 40 Byers St, Springfield MA 01105