This two-family home offers an excellent opportunity for investors looking for a steady income stream. Each spacious unit boasts three generously sized bedrooms, providing ample living space for tenants. The property comes with the added bonus of two amazing, long-term tenan...
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Last Updated: April 5th, 2025 at 12:18am
Gross Income: $35,400
Gross Expenses: $3,919
Net Income Calc: $31,481
CAP Rate: 9.26%
Annual Expenses for 596-598 Newbury St, Springfield MA 01104
Total Gross Expenses (Calculated)$3,919/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$3,919
Annual Income & Unit Breakdown for 596-598 Newbury St, Springfield MA 01104
Total Gross Income (Calculated)$35,400
Unit 1
Rental Income1550
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income1400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 596-598 Newbury St, Springfield MA 01104
Listing ID73327237
Property TypeMulti Family
Price$339,900 ($127.4/SqFt)
Style
CitySpringfield
CountyHampden
MLS AreaLiberty Heights
Neighborhood(s)
Approximate Living Area Total2,668 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1916
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor SpacePorch
ZoningR1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 596-598 Newbury St, Springfield MA 01104
Disclosures for 596-598 Newbury St, Springfield MA 01104
Lead PaintUnknown
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$35,400
Total Net Income By Broker$35,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 596-598 Newbury St, Springfield MA 01104
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaLiberty Heights
Area Amenities
Contact Information for 596-598 Newbury St, Springfield MA 01104