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Adam Dow

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

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81 Adams St , Springfield, MA 01105
$375,000
Est. Payment: $833.33/mo
8 Bed
3 Bath
3036 Sqft
Status: Active | Days on site: 8
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AN5521 - TM336290
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House Description

Fantastic opportunity to own a freshly renovated two-family property offering the perfect combination of modern updates, rental income, and long-term investment potential! Whether you're looking to owner-occupy or expand your real estate portfolio, this property is ready to impress. Unit 1 is conveniently vacant and features 3 spacious bedrooms, making it an ideal option for an owner-occupied buyer. Enjoy a beautifully updated kitchen complete with new custom cabinetry, stone countertops, and updated appliances. Move right in and let the rental income from the second unit help offset your monthly mortgage payment! Unit 2 is currently rented and generating great income. This unit has also been updated with a new kitchen featuring stone countertops and updated appliances, plus the added convenience of 2 full bathrooms. An oversized solar system provides substantial energy production, adding another valuable feature to this income-producing unit. Both units benefit from younger heating systems and water heaters, helping reduce concerns over major mechanical expenses. With extensive renovations already completed, this property offers an attractive opportunity to step into multifamily ownership at an affordable price point. Live in one unit and rent the other, or add a turnkey income-producing property to your investment portfolio. With updated interiors, existing rental income, solar energy, and major systems already improved, this two-family offers tremendous potential for both today's buyer and tomorrow's investor. Don't miss this opportunity!

Highlights

Listed by Patriot Living Group , 413-271-7511 Lock and Key Realty Inc. , 413-282-8080.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1893

County

Hampden

Listing ID

73573608

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Microwave, ENERGY STAR Qualified Refrigerator, Range
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Hardwood
Other:
  • Additional:Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Storage, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Internet Available - Unknown, Living Room, Kitchen, Mudroom
Water:Public

Exterior Features

Lot:Corner Lot,Cleared,Level
Garage Capacity:2
Zoning:R3
Roof:Asphalt/Composition Shingles
Others:
  • Additional:Balcony/Deck, Rain Gutters
Sewer:Public Sewer
Parking Features:Off Street,Paved,Parking Spaces: 2
Principal Interest
$833
Taxes
$183

Home Price

$375,000

Loan Details

30 yrs
%

Down Payment

20%
$75,000
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:
$833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.33 $182.50 $0.00 $1,015.83
Yearly $10,000.00 $2,190.00 $0.00 $12,190.00
Total $300,000.00 $65,700.00 $0.00 $365,700.00

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.