Overview Property Details Payment Calculator Walkability

Canceled

18 - 20 Medford Street, Springfield MA 01107

$279,900

Estimated $627.58/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $93,300

Total Rent: 29700/year

Estimated CAP Rate: 8.24%

7 Bedrooms

3 Full, 2 Half Baths

2,894 SqFt

Total Parking: 6

4,635 SqFt

Back on the market - Buyer could not perform.Lead treated 3 family for sale in Springfield; fully occupied with long term tenants who are all on a month to month written lease; 2 bedrooms in each unit; Perfect for an owner occupant or a savy investor; Group showings to be he...

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #72977534)

Gross Income: $29,700

Gross Expenses: $6,643

Net Income Calc: $23,057

CAP Rate: 8.24%

Annual Expenses for 18 - 20 Medford Street, Springfield MA 01107

Total Gross Expenses (Calculated)$6,643/year

APOD AvailableNo

Heating

Electricity$9

Water$2,249

Gas$2,249

Insurance$1,681

Sewer$2,249

Trash Removal$260

Repair & Maintenance$360

Management

Miscellaneous

Real Estate Tax$2,084.67

Annual Income & Unit Breakdown for 18 - 20 Medford Street, Springfield MA 01107

Total Gross Income (Calculated)$29,700

Unit 1

Rental Income$825

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 1(water, Other (see Remarks)), Unit 2(water

Unit 2

Rental Income$800

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 1(water, Other (see Remarks)), Unit 2(water

Unit 3

Rental Income$850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(water), Unit 1(water, Other (see Remarks)), Unit 2(water

General Information for 18 - 20 Medford Street, Springfield MA 01107

Listing ID72977534

Property TypeMulti Family / 3 Family

Price$279,900 ($96.72/SqFt)

Style3 Family - 3 Units Up/down

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,894 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

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 18 - 20 Medford Street, Springfield MA 01107

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceProjected

Total Gross Expenses By Broker$7,266

Total Gross Income By Broker$29,700

Total Net Income By Broker$22,434

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 18 - 20 Medford Street, Springfield MA 01107

Real Estate Taxes$2,084.67

Tax Year2021

Assessed Value$110,300

Financial Data SourceProjected

Total Gross Expenses By Broker$7,266

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$29,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$22,434

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.24%

Location Information for 18 - 20 Medford Street, Springfield MA 01107

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 18 - 20 Medford Street, Springfield MA 01107

Agent

Name: Michael Andre

MLS ID: CN235171

Office ID: AN1364

National Association ID: 452512403

Address: 26 Chestnuthill Road

City: Hampden

State: MA

Zip: 01036

Office

Name: Gallagher Real Estate

MLS Office ID: AN1364

Phone: 413-536-7232

Payment Calculator

$1,898.37 per month

30 Years Fixed, 6.75% Interest

Property Taxes $173.72

Principal & Interest $1,724.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gallagher Real Estate

Michael Andre

Agent Phone

Office Phone

(413) 536-7232

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (4,635 SqFt)
    [add_date] => 2024-05-07 00:01:13
    [address] => Medford Street
    [agent] => Array
        (
            [address] => 26 Chestnuthill Road
            [city] => Hampden
            [id] => CN235171
            [name] => Michael Andre
            [national_association] => 452512403
            [office] => AN1364
            [state] => MA
            [zip] => 01036
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,894 SqFt
    [approx_lot_size_acres] => 0.11 acres
    [approx_lot_size_sqft] => 4,635 SqFt
    [assessed_value] => $110,300
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 3 Full, 2 Half
    [bedrooms] => 7
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 18 - 20 Medford Street Springfield
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Multi Family
    [cap_rate] => 8.24%
    [city] => Springfield
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Hampden
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Back on the market - Buyer could not perform.Lead treated 3 family for sale in Springfield; fully occupied with long term tenants who are all on a month to month written lease; 2 bedrooms in each unit; Perfect for an owner occupant or a savy investor; Group showings to be held on specified dates only.See attached Showing Schedule for next group showing date. See attached Showing Schedule for next group showing date.Group showing to be held 5/7/2022 - see attached showing schedule for details
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $9
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
            [0] => Projected
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Brick/Mortar
        )

[frontage_length] => 
    [full_baths] => 3
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $2,249
        )

[gross_income] => Array
        (
            [0] => $29,700
        )

[half_baths] => 2
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 327490
    [insurance_expense] => Array
        (
            [0] => $1,681
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 00:01:13
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,894 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Level
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 72977534
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 23057
    [net_operating_income] => Array
        (
            [0] => $22,434
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN1364
            [name] => Gallagher Real Estate
            [phone] => 413-536-7232
        )

[operating_expense] => Array
        (
            [0] => $7,266
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 413-374-9549
    [pool_features] => Array
        (
        )

[price] => $279,900
    [price_per_sqft] => 96.72
    [price_per_unit] => 93300
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 3 Family - 3 Units Up/down
        )

[real_estate_tax] => $2,084.67
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Unit 3(water)
            [1] => Unit 1(water
            [2] => Other (see Remarks))
            [3] => Unit 2(water
        )

[repair_maintenance_expense] => Array
        (
            [0] => $360
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 14
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $2,249
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Canceled
        )

[street_number] => 18 - 20
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2021
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 6643
    [total_gross_income] => 29700
    [total_parking] => 6
    [trash_expense] => Array
        (
            [0] => $260
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 825
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 800
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
            [0] => Y
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 850
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 18 - 20 Medford Street, Springfield MA 01107
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $2,249
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1905
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01107
    [zoning] => r2
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6746942
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/327490/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:14
                    [modified] => 2024-05-07 00:01:14
                )

[1] => Array
                (
                    [id] => 6747491
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[2] => Array
                (
                    [id] => 6747492
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[3] => Array
                (
                    [id] => 6747493
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[4] => Array
                (
                    [id] => 6747494
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[5] => Array
                (
                    [id] => 6747495
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[6] => Array
                (
                    [id] => 6747496
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[7] => Array
                (
                    [id] => 6747497
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[8] => Array
                (
                    [id] => 6747498
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[9] => Array
                (
                    [id] => 6747499
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[10] => Array
                (
                    [id] => 6747500
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[11] => Array
                (
                    [id] => 6747501
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[12] => Array
                (
                    [id] => 6747502
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[13] => Array
                (
                    [id] => 6747503
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[14] => Array
                (
                    [id] => 6747504
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[15] => Array
                (
                    [id] => 6747505
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[16] => Array
                (
                    [id] => 6747506
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[17] => Array
                (
                    [id] => 6747507
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[18] => Array
                (
                    [id] => 6747508
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[19] => Array
                (
                    [id] => 6747509
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[20] => Array
                (
                    [id] => 6747510
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[21] => Array
                (
                    [id] => 6747511
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

[22] => Array
                (
                    [id] => 6747512
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72977534&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:18
                    [modified] => 2024-05-07 00:01:18
                )

)

)

EXIT

Canceled

18 - 20 Medford Street, Springfield MA 01107

$279,900

Annual Expenses for 18 - 20 Medford Street, Springfield MA 01107

Annual Income & Unit Breakdown for 18 - 20 Medford Street, Springfield MA 01107

General Information for 18 - 20 Medford Street, Springfield MA 01107

Disclosures for 18 - 20 Medford Street, Springfield MA 01107

Financial Information for 18 - 20 Medford Street, Springfield MA 01107

Location Information for 18 - 20 Medford Street, Springfield MA 01107

Contact Information for 18 - 20 Medford Street, Springfield MA 01107

Agent

Office

Payment Calculator

Exclusive Listing Agent

Gallagher Real Estate

Michael Andre