Skip To Content

1007-1009 Berkshire Ave

Springfield, MA 01151
  • $289,900
  • STATUS: Active
  • MLS #: 73000727
UPDATED: 54 min ago
$289,900
  • 4
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,743
    SQFT
  • $106
    $/SQFT
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

Listing courtesy of Kevin Moore Group of Keller Williams Realty.

Description

Knock, Knock. That is opportunity knocking at your door. This wonderful 2 unit has a great yard and garage. There is a complete open floor plan on the third floor that offers the potential for a third unit. Excellent location within minutes of most major routes. Rental income should put this investment in the Capitalization rate area of above 8%. With the third floor potential, this rate will be even higher. The current existing units have separate heat and hot water and electricity. Both Bathrooms are very updated. Kitchens offer great space and storage. The first and second floor units have 2 Bedrooms, 1 Bathroom, a Dining Room and a Living Room. The full basement offers plenty of storage and separate Laundry areas. This home is a great investment opportunity and the perfect home for an owner occupied situation.

Monthly Payment Calculator



The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-12-01T10:05:32.09.
www.nrgrealestate.com/homes/130059430
Print Image

1007-1009 Berkshire Ave Springfield, MA 01151

  • Price: $289,900
  • Status: Active
  • On Site: Days
  • Updated: 54 min ago
  • MLS #: 73000727
4
Beds
3
Baths
0
½ Baths
0.11
Acres
2,743
SQFT
$106
$/SQFT
1916
Built
County:
Hampden
Property Description
Knock, Knock. That is opportunity knocking at your door. This wonderful 2 unit has a great yard and garage. There is a complete open floor plan on the third floor that offers the potential for a third unit. Excellent location within minutes of most major routes. Rental income should put this investment in the Capitalization rate area of above 8%. With the third floor potential, this rate will be even higher. The current existing units have separate heat and hot water and electricity. Both Bathrooms are very updated. Kitchens offer great space and storage. The first and second floor units have 2 Bedrooms, 1 Bathroom, a Dining Room and a Living Room. The full basement offers plenty of storage and separate Laundry areas. This home is a great investment opportunity and the perfect home for an owner occupied situation.
Exterior Features

Covered Spaces 1 Exterior Features Rain Gutters Garage YN Yes Open Parking YN Yes Parking Features Paved DriveOff Street Parking Total 2 Patio And Porch Features Porch Waterfront YN No

Interior Features

Appliances Unit 1(RangeRefrigerator)Unit 2(RangeRefrigerator)Gas Water Heater Basement Full Building Area Total 2743 Cooling Unit 1(None) Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring TileVinylCarpetHardwoodUnit 1(Undefined)Unit 2(Tile FloorWood Flooring) Foundation Details Concrete Perimeter Heating Unit 1(Hot Water BaseboardOil) Heating YN Yes Interior Features Unit 1(Ceiling FansBathroom With Tub & Shower)Unit 2(Ceiling FansPantryBathroom With Tub & Shower)Unit 1 Rooms(Living RoomDining RoomKitchen)Unit 2 Rooms(Living RoomDining RoomKitchen) Lead Paint Unknown Rooms Total 12 Window Features Storm Window(S)

Property Features

Buyer Agency Compensation 2.5 Electric Circuit Breakers Gross Income 15600 Net Operating Income 15600 Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 3047 Tax Year 2022 Total Actual Rent 1300 Transaction Broker Compensation 1.0 Water Source Public Year Built Details Actual Zoning R1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Kevin Moore Group of Keller Williams Realty: 413-565-5478.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-12-01T10:05:32.09.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_3_73000727_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_3_73000727_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_3_73000727_2.jpg
Logo
NRG Real Estate Services, Inc.
813 Williams Street, Suite 211
Longmeadow MA, 01106
Listing courtesy of Kevin Moore Group of Keller Williams Realty.