Nice large 2 family victorian in the Forest Park area. Second story unit has an upstairs with a second bathroom. Fenced-in yard, off-street parking. Tenants have been there for 10+ years. The property needs some TLC. Has lots of potential near many amenities. 24 hour notice ...
This home has been viewed 23 times
Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73054392)
Gross Income: $20,100
Gross Expenses: $13,802
Net Income Calc: $6,298
CAP Rate: 2.33%
Beach Front
Annual Expenses for 73-75 Sylvan St, Springfield MA 01108
Total Gross Expenses (Calculated)$13,802/year
APOD AvailableNo
Heating
Electricity
Water$2,000
Gas$2,000
Insurance$5,600
Sewer$2,000
Trash Removal$400
Repair & Maintenance$2,000
Management
Miscellaneous
Real Estate Tax$3,802
Annual Income & Unit Breakdown for 73-75 Sylvan St, Springfield MA 01108
Total Gross Income (Calculated)$20,100
Unit 1
Rental Income$775
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$900
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 73-75 Sylvan St, Springfield MA 01108
Listing ID73054392
Property TypeMulti Family
Price$270,000 ($78.44/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,442 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking3 (1 Garage)
Garage Parking1 / Detached
Year Built1912
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front
Energy Features
Terms
Disclosures for 73-75 Sylvan St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated
Total Gross Expenses By Broker$400
Total Gross Income By Broker$19,200
Total Net Income By Broker$18,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 73-75 Sylvan St, Springfield MA 01108
Real Estate Taxes$3,802
Tax Year2022
Assessed Value$202,000
Financial Data SourceEstimated
Total Gross Expenses By Broker$400
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$19,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.33%
Location Information for 73-75 Sylvan St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Public Transportation
Contact Information for 73-75 Sylvan St, Springfield MA 01108