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1007-1009 Berkshire Ave

Springfield, MA 01151
  • $299,900
  • STATUS: Active
  • MLS #: 73000727
UPDATED: 55 min ago
$299,900
  • 4
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,743
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:
Area:

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.

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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 2022-06-28T22:09:05.673.
www.nrgrealestate.com/homes/130059430
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1007-1009 Berkshire Ave Springfield, MA 01151

  • Price: $299,900
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 73000727
4
Beds
3
Baths
0
½ Baths
0.11
Acres
2,743
SQFT
$109
$/SQFT
1916
Built
Neighborhood:
Other
County:
Hampden
Area:
Other
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

Beachfront No Exterior Vinyl Exterior Features PorchGutters Foundation Poured Concrete Lot Description Paved Drive Parking Features Off-Street Parking Spaces 2 Waterfront Flag No

Interior Features

Appliances Unit1 RangeRefrigerator Appliances Unit2 RangeRefrigerator Basement Yes Basement Features Full Bedrooms Unit1 2 Bedrooms Unit2 2 Cooling Unit1 None Energy Features Storm Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring TileVinylWall To Wall CarpetHardwood Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heating Unit1 Hot Water BaseboardOil Hot Water Natural Gas Interior Features Unit1 Ceiling FansTile FloorHardwood FloorsBathroom With Tub & ShowerWall To Wall Carpet Interior Features Unit2 Ceiling FansPantryTile FloorWood FlooringBathroom With Tub & Shower Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 10 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchen Rooms Unit1 5 Rooms Unit2 5

Property Features

Apod Available No Assessments 161900.00 Disclosure No Electric Features Circuit Breakers Gross Operating Income 15600 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lender Owned No Multifamily Type 2 Family Net Operating Income 15600 Rent Unit1 0 Rent Unit2 1300 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 3047.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record 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.


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 2022-06-28T22:09:05.673.
 
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NRG Real Estate Services, Inc.
813 Williams Street, Suite 211
Longmeadow MA, 01106
Listing courtesy of Kevin Moore Group of Keller Williams Realty.