Attention investors and first time homebuyers. Opportunity awaits to own a 2 family located within a short distance to American International College, Springfield College, and much more. Priced to sell as-is, this property will not last long. The bottom unit has 3 bedroom...
This home has been viewed 21 times
Last Checked: May 17th, 2025 at 12:18am (Source: MLS PIN #73371549)
Gross Income: $19,200
Gross Expenses: $3,180
Net Income Calc: $16,020
CAP Rate: 7.45%
Annual Expenses for 157-159 Massachusetts Ave, Springfield MA 01109
Total Gross Expenses (Calculated)$3,180/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,180
Annual Income & Unit Breakdown for 157-159 Massachusetts Ave, Springfield MA 01109
Total Gross Income (Calculated)$19,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
Unit 2
Rental Income$1,600
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
General Information for 157-159 Massachusetts Ave, Springfield MA 01109
Listing ID73371549
Property TypeMulti Family / 2 Family
Price$215,000 ($70.26/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,060 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1921
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor SpaceDeck
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 157-159 Massachusetts Ave, Springfield MA 01109
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureFloor plans are from a 3rd party. Buyers and buye
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$19,200
Total Net Income By Broker$19,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 157-159 Massachusetts Ave, Springfield MA 01109
Real Estate Taxes$3,180
Tax Year2025
Assessed Value$202,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$19,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$19,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.45%
Location Information for 157-159 Massachusetts Ave, Springfield MA 01109
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, University, Sidewalks
Contact Information for 157-159 Massachusetts Ave, Springfield MA 01109