PRIME INCOME -PRODUCING MULTIFAMILY. Do not miss this investment opportunity with a fully occupied multifamily down the street from MGM and MassMutual Center. This well maintained building offers 2 units with newer roof and windows. 1st Floor floor offers 2 bedroom while the 2nd unit has 4 bedroom and 2 full bathrooms. See you at the open house this Sunday 3/30/2025 from 11-12:30.
This home has been viewed 18 times
Last Updated: March 31st, 2025 at 4:38pm
Gross Income: $38,400
Gross Expenses: $4,127
Net Income Calc: $34,273
CAP Rate: 8.57%
Annual Expenses for 51 Acushnet Ave, Springfield MA 01105
Total Gross Expenses (Calculated)$4,127/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$4,127
Annual Income & Unit Breakdown for 51 Acushnet Ave, Springfield MA 01105
Total Gross Income (Calculated)$38,400
Unit 1
Rental Income1600
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income1600
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 51 Acushnet Ave, Springfield MA 01105
Listing ID73351338
Property TypeMulti Family
Price$400,000 ($136.66/SqFt)
Style
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,927 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 51 Acushnet Ave, Springfield MA 01105
Disclosures for 51 Acushnet Ave, Springfield MA 01105
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$38,400
Total Net Income By Broker$38,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 51 Acushnet Ave, Springfield MA 01105
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Shopping, Laundromat, Public Transportation
Contact Information for 51 Acushnet Ave, Springfield MA 01105