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    399-401 Main St

    Springfield, MA 01151
    • $364,900
    • STATUS: Active
    • MLS #: 72726424
    Price Reduced
    $364,900
    • 14
      BEDS
    • 0.12
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Daniel Laduke of Real Living Realty Professionals.

    Description

    Price Improvement, motivated seller. Great Investment opportunity!! Long term tenants. All units have 2 br/ 1 Bath and most have been updated and all have lead certificates. The (main) roof was replaced 2 years ago and the smaller roof (rubber) was replaced 4 years ago. Vinyl replacement windows throughout and vinyl siding is in good condition. There is one vacant unit kept open to show and that unit just went through a recent renovation after long term (12 year) tenant moved out. All utilities are separate and paid by the tenants. Commercial smoke detection system installed in the common areas and up to date on annual inspection! Book your showing today, with a cap rate of just under 10% this investment is sure to go quick!!

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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 2020-10-26T00:06:09.38.
    www.nrgrealestate.com/homes/110028918
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    399-401 Main St Springfield, MA 01151

    • Price: $364,900
    • Status: Active
    • MLS #: 72726424
    14
    Beds
    6
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,200
    SQFT
    $87
    $/SQFT
    1907
    Built
    Neighborhood:
    Other
    County:
    Hampden
    Area:
    Other
    Property Description
    Price Improvement, motivated seller. Great Investment opportunity!! Long term tenants. All units have 2 br/ 1 Bath and most have been updated and all have lead certificates. The (main) roof was replaced 2 years ago and the smaller roof (rubber) was replaced 4 years ago. Vinyl replacement windows throughout and vinyl siding is in good condition. There is one vacant unit kept open to show and that unit just went through a recent renovation after long term (12 year) tenant moved out. All utilities are separate and paid by the tenants. Commercial smoke detection system installed in the common areas and up to date on annual inspection! Book your showing today, with a cap rate of just under 10% this investment is sure to go quick!!
    Exterior Features

    Beachfront No Color Tan Construction Frame Exterior Brick Exterior Features Porch - Enclosed Foundation Concrete Block Lot Description Shared DriveLevel Parking Features Off-Street Parking Spaces 6 Road Type Public Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No

    Interior Features

    Basement Yes Basement Features FullBulkhead Bedrooms Unit1 2 Bedrooms Unit2 4 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Units 0 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Varies Per Unit Floors Unit1 1 Floors Unit2 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 6 Heat Zones 6 Hot Water Natural Gas Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 20 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    Apod Available Yes Assessments 297400.00 Disclosure Yes Disclosures Off Street Parking On Side Rear Of BuildingAccess is Through An Easement Through A Shared Driveway. Bedrooms Are Tandem. All Units Have Lead Certificates. Expenses Are EstimatedActual Numbers Available With Offer. Electric Features 220 VoltsCircuit Breakers100 AmpsIndividually Metered Expenses Source Tax ReturnEstimated Gross Operating Income 51600 Lead Paint Certified Treated Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 5-9 Family Net Operating Income 39600 Rent Unit1 750 Rent Unit2 750 Rent Unit3 750 Rent Unit4 700 Sewage District Sfld Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Second Bedroom Access is Through First Bedroom Sq Ft Source Public Record Tax Year 2020 Taxes 5808.00 Utility Connections Varies Per Unit Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning B1

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Daniel Laduke of Real Living Realty Professionals.


    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 2020-10-26T00:06:09.38.
     
    https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72726424_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72726424_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72726424_1.jpg
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    NRG Real Estate Services, Inc.
    813 Williams Street, Suite 211
    Longmeadow MA, 01106
    Listing courtesy of Daniel Laduke of Real Living Realty Professionals.