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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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116-118 Massasoit St , Springfield, MA 01107
$480,000
Est. Payment: $1,066.67/mo
8 Bed
6 Bath
4142 Sqft
Status: Under Agreement | Days on site: 82
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House Description

Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units.

Highlights

Listed by Daisy Sanchez , 413-221-8070 RE/MAX IGNITE , 413-391-7928.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1912

County

Hampden

Listing ID

73527157

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:6
  • Full Bathrooms:3
  • 1/2 Bathrooms:3
Appliances:Range, Refrigerator, Range Hood
Floor:Tile,Varies,Laminate
Other:
  • Additional:Pantry, Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:3
Zoning:R2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 3
Principal Interest
$1,067
Taxes
$574

Home Price

$480,000

Loan Details

30 yrs
%

Down Payment

20%
$96,000
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Monthly Price:
$1,066.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,066.67 $573.92 $0.00 $1,640.58
Yearly $12,800.00 $6,887.00 $0.00 $19,687.00
Total $384,000.00 $206,610.00 $0.00 $590,610.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Springfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.