Overview Property Details Payment Calculator Walkability

Closed

31 Washburn St, Springfield MA 01107

$225,000

Estimated $580.17/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $112,500

Total Rent: 9000/year

Estimated CAP Rate: 2.85%

4 Bedrooms

2 Full Baths

1,540 SqFt

Total Parking: 0

6,425 SqFt

Owner occupants OR investors!!! A great opportunity to own this 2 family property that is more than meets the eye.. Situated on a rare nicely sized cleared level lot with one vacant unit & separate utilities, this property is a good buy. The first floor unit is just slig...

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 12:46am (Source: MLS PIN #73026726)

Gross Income: $9,000

Gross Expenses: $2,584

Net Income Calc: $6,416

CAP Rate: 2.85%

Annual Expenses for 31 Washburn St, Springfield MA 01107

Total Gross Expenses (Calculated)$2,584/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,584

Annual Income & Unit Breakdown for 31 Washburn St, Springfield MA 01107

Total Gross Income (Calculated)$9,000

Unit 1

Rental Income$750

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 31 Washburn St, Springfield MA 01107

Listing ID73026726

Property TypeMulti Family / 2 Family

Price$225,000 ($146.1/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaN End Brightwood

Neighborhood(s)

Approximate Living Area Total1,540 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 31 Washburn St, Springfield MA 01107

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$9,000

Total Net Income By Broker$9,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 31 Washburn St, Springfield MA 01107

Real Estate Taxes$2,584

Tax Year2022

Assessed Value$137,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$9,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$9,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.85%

Location Information for 31 Washburn St, Springfield MA 01107

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaN End Brightwood

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

Contact Information for 31 Washburn St, Springfield MA 01107

Agent

Name: Theroux and Co Team

MLS ID: TM349068

Office ID: AN5521

Office

Name: Lock and Key Realty Inc.

MLS Office ID: AN5521

Phone: 413-282-8080

Team Members

Name: Brittany Theroux

MLS ID: CN212083

Office ID: AN5521

National Association ID: 452508971

Phone: 413-335-7323

City: West Springfield

State: MA

Payment Calculator

$1,601.71 per month

30 Years Fixed, 6.75% Interest

Property Taxes $215.33

Principal & Interest $1,386.38

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Theroux and Co Team

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT