$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. See attached Showing Schedule for next group showing date.Group showing to be held 5/7/2022 - see attached showing schedule for details

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Price History

5/6/2022 Listed $750,000

Building Area Units Square Feet
City Springfield
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
Garage Spaces 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 8712
Net Operating Income 58702
Operatingexpense 20198
Property SubType 5-9 Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Showing Instructions Appointment Required, Group Showings: See Attached Showing Schedule For Next Showng Date And Instructions.
Standard Status Active
Status Active
Street Name Bancroft
Tax Annual Amount 4768.47
Tax Year 2021
TaxAssessedValue 252300
Total Actual Rent 6575
Total Rooms 34
Total Units 6
Water Sewer Expense 7312
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
Living Area 4697
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
Waterfront Y/N No

Property Schools

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Property vs Zip Code Avg (01107)

Price 750K Avg 351K

Sqr Feet 4,697 Avg 3,605

Cost / Sqr Ft $160 Avg $97

Taxes $4,768 Avg $3,375

Acres 0.2 Avg 0.16

Visits 72 Avg 54

Days on Site 54 Avg 48

Walkscore® 78 Avg 71

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Michael Andre with Gallagher Real Estate.

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA