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Adam Dow

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

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69 Winter St , Springfield, MA 01105
$379,000
Est. Payment: $842.22/mo
8 Bed
2 Bath
3520 Sqft
Status: Active | Days on site: 94
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AN7830 - CN206795
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Strong investment property. This downtown Springfield investment property offers a $5,500+ monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and ten garage bays that lease at a monthly rate of $150 each. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a combination of hardwood and laminate flooring. The NOI is $50,579 and the cap rate is 13.35%. Located nearby to the Springfield FD Headquarters, the property offers access to major highways I-91, I-291 & I-90 (the Mass Pike); as well as area hospitals (under two miles to Baystate Medical Center and approximately one mile to Mercy Medical Center). The property is situated close to Springfield’s CBD, nearby to MGM Springfield and the Basketball Hall of Fame, within a 30 minute drive time of UMass Amherst and the Five College Area.
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Highlights

Listed by Tim Thompson , 413-210-9383 Timothy Thompson , 413-210-9383.

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1890

County

Hampden

Listing ID

73536012

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Interior Features

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

Exterior Features

Garage Capacity:10
Zoning:B1
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Parking Spaces: 10
Principal Interest
$842
Taxes
$693

Home Price

$379,000

Loan Details

30 yrs
%

Down Payment

20%
$75,800
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:
$842.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $842.22 $693.44 $0.00 $1,535.66
Yearly $10,106.67 $8,321.25 $0.00 $18,427.92
Total $303,200.00 $249,637.50 $0.00 $552,837.50

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.