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Adam Dow

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

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184 King St , Springfield, MA 01109
$524,000
Est. Payment: $1,164.44/mo
8 Bed
2 Bath
2720 Sqft
Status: Active | Days on site: 44
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AC1494 - CT005468
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House Description

Investor Take Notice: opportunity to own a fully renovated multi-family property, Investment property with a positive cash Flow. The property has two rented apartments & has been Renovated and with many updates. Beautiful 1st & 2nd floor apartments, Both apartments have been remodel & Feature three bedrooms with hardwood flooring and one bath; The kitchen is equipped with a gas stove, refrigerator, microwave, and garbage disposal. The 1st Floor & 2nd Floor are currently being rented as 3 Bedroom apartments. The 1st features a spacious living area, updated large kitchens & updated bathroom & side entrance porch. The 2nd floor ?features a large living room, oversized main bedroom, private porch access, and lots of closet space. Both tenants are on lease The property has positive cash flow and more space or rooms available that can be converted. The 1st Floor & 2nd Floor could also be rented as 4th Bedroom units. The 3rd floor has space that can be converted into an additional One Bedroom or Studio apartment. The 3rd Floor Space is currently vacant & the 1st Floor has one Bedroom? space being used by the owner as storage space. The Tenants pay for their own utilities. The basement is large, with lots storage space, natural light, cement floor, clean and Washer and Dryer hookups for the tenants on the 1st & 2nd floors. The Washer & Dryers in the basement belong to the tenants. The property has a large fence backyard that can be used for activities @ the property, with two private driveways and ample off street parkings for the tenants apartments. Property is within minutes to the highway, downtown, MGM, Baystate Medical Center & Mercy Hospital.

Highlights

Listed by Nelson Acosta , 413-222-4199 Witman Properties, Inc. , 413-536-2714.

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1905

County

Hampden

Listing ID

73558678

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Disposal, Microwave, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Wood,Laminate
Other:
  • Additional:Ceiling Fan(s), Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:6
Zoning:R2
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 6
Principal Interest
$1,164
Taxes
$330

Home Price

$524,000

Loan Details

30 yrs
%

Down Payment

20%
$104,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,164.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,164.44 $330.42 $0.00 $1,494.86
Yearly $13,973.33 $3,965.00 $0.00 $17,938.33
Total $419,200.00 $118,950.00 $0.00 $538,150.00

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.