Overview Property Details Payment Calculator Walkability

Expired

871 & 887 Elm Street, West Springfield MA 0108

$735,000

Estimated $1,274.54/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $367,500

Total Rent: 60000/year

Estimated CAP Rate: 8.03%

6 Bedrooms

4 Full, 2 Half Baths

Total Parking: 12 (2 Garage)

14,374 SqFt

Amazing investment opportunity is here!! 2022 New Construction fully rented duplex with second foundation poured and ready for a duplicate build. Each unit features 3 bedrooms, 2.5 bathrooms and plenty of living space. Gas heat, forced air, Central Air, on demand hot wate...

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73050503)

Gross Income: $60,000

Gross Expenses: $992

Net Income Calc: $59,008

CAP Rate: 8.03%

Annual Expenses for 871 & 887 Elm Street, West Springfield MA 0108

Total Gross Expenses (Calculated)$992/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$992.88

Annual Income & Unit Breakdown for 871 & 887 Elm Street, West Springfield MA 0108

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$2,600

LeaseY

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent Includes

General Information for 871 & 887 Elm Street, West Springfield MA 0108

Listing ID73050503

Property TypeMulti Family / 2 Family

Price$735,000

Style2 Family - 2 Units Side By Side

CityWest Springfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.33 acres

Total Parking12 (2 Garage)

Garage Parking2 / Detached

Year Built2022

Year Built SourceOwner

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 871 & 887 Elm Street, West Springfield MA 0108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosurePlease see attached blueprint for sq ft

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$60,000

Total Net Income By Broker$60,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 871 & 887 Elm Street, West Springfield MA 0108

Real Estate Taxes$992.88

Tax Year2022

Assessed Value$63,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$60,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$60,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.03%

Location Information for 871 & 887 Elm Street, West Springfield MA 0108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation

Contact Information for 871 & 887 Elm Street, West Springfield MA 0108

Agent

Name: Laura Kuhnel

MLS ID: CT006453

Office ID: AN7885

National Association ID: 452508078

Address: 400 Amostown Road

City: West Springfield

State: MA

Zip: 01089

Office

Name: Coldwell Banker Realty - Longmeadow

MLS Office ID: AN6218

Phone: 413-567-8931

Payment Calculator

$4,611.58 per month

30 Years Fixed, 6.75% Interest

Property Taxes $82.74

Principal & Interest $4,528.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Longmeadow

Laura Kuhnel

Agent Phone

Office Phone

(413) 567-8931

Text Agent Call Agent Call Office

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[21] => Array
                (
                    [id] => 6747556
                    [name] => MLS22.jpg
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                    [enabled] => 1
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                    [modified] => 2024-05-07 00:01:19
                )

[22] => Array
                (
                    [id] => 6747557
                    [name] => MLS23.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
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                    [modified] => 2024-05-07 00:01:19
                )

[23] => Array
                (
                    [id] => 6747558
                    [name] => MLS24.jpg
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                    [index] => 24
                    [enabled] => 1
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                    [modified] => 2024-05-07 00:01:19
                )

[24] => Array
                (
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                    [name] => MLS25.jpg
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                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[25] => Array
                (
                    [id] => 6747560
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[26] => Array
                (
                    [id] => 6747561
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[27] => Array
                (
                    [id] => 6747562
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[28] => Array
                (
                    [id] => 6747563
                    [name] => MLS29.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[29] => Array
                (
                    [id] => 6747564
                    [name] => MLS30.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73050503&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

[30] => Array
                (
                    [id] => 6747565
                    [name] => MLS31.jpg
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                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2024-05-07 00:01:19
                )

[31] => Array
                (
                    [id] => 6747566
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                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:19
                    [modified] => 2024-05-07 00:01:19
                )

)

)

EXIT