$750,000 37-39-41 Bancroft Springfield, MA

MLS: 72977545   Type: Multi-Family   County: Hampden   City: Springfield   Zip: 01107   Style: 5-9 Family   # Rooms: 34    Stories: 9   Taxes: $4,768

Mortgage $3,521 /mo



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Tremendous opportunity to own a small portfolio with great cash flow potential! These are 3 buildings all on the same street, all in line with oneanother, all sold as a package! 6 units in total with 2 vacancies to fill - this could be a really amazing opportunity for the right investor or the right owner occupant who wants to own a great money maker! Tenants in place all on a written month to month lease. 48 Hours notice required for showings.

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Price History

5/6/2022 Listed $750,000

Building Area Units Square Feet
Buyer Agent Compensation 2
City Springfield
Compensation Based On Net Sale Price
Construction Materials Frame
County Hampden
Directions Off main Street
Disclosures Seller Has Never Lived In Homes; All Financials Provided From Previous Owner; All Information Contained Herein Is Based On 3rd Party Information; Seller Makes No Representations Or Guarantees Of Accur
Electric Expense 37
Facilitator Compensation 1
Garage Spaces, Detached Garage 0
Garage Y/N No
Grossincome 78900
Heating Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)
Insurance Expense 3277
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Lot Size Square Feet 8533
Net Operating Income 58702
Operatingexpense 20198
Property SubType 5-9 Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Showing Instructions Appointment Required, Contact List Agent:48 Hours Notice Required For Showings.
Standard Status Active
Status Active
Street Name Bancroft
Sub-Agency Relationship Offered No
Tax Annual Amount 4768.47
Tax Year 2021
TaxAssessedValue 252300
Total Actual Rent 6575
Total Rooms 34
Total Units 6
Water Sewer Expense 7312
Waterfront Y/N No
Year Built 1909
Year Built Details Actual
Yearbuiltsource Public Records
Zoning r2

Interior Features

Fireplace Y/N No
Full Baths 6
Half Baths 0
Heating Y/N Yes
Total Baths 6
Total Bedrooms 22
Total Fireplaces 0
Total Stories 9

Exterior Features

Building Area Total 4697
Covered Spaces 0
Foundation Details Irregular
Lot Features Level
Lot Size Acres 0.2
Lot Size Area 0.2
Lot Size Units Acres
Total Parking 6
Water Source Public

Property Schools

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Property vs Zip Code Avg (01107)

Price 750K Avg 353K

Sqr Feet 4,697 Avg 3,115

Cost / Sqr Ft $160 Avg $113

Taxes $4,768 Avg $3,434

Acres 0.2 Avg 0.15

Visits 313 Avg 124

Days on Site 152 Avg 94

Walkscore® 78 Avg 62

Data Provided by Walkscore ® not using MLS data

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Listed By: Michael Andre with Gallagher Real Estate.

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA