This well-maintained two-family offers two spacious 4-bedroom, 1-bath units with excellent income potential and letters of compliance. The first-floor unit is currently occupied and generating income, while the second-floor unit is fully renovated and vacant, ready for an owner-occupant or market-rate tenant. The renovated unit features gleaming hardwood floors, a beautiful fireplace, and updated finishes throughout. A new boiler services both units, adding long-term efficiency and peace of mind. A solid investment with immediate cash flow and value-add opportunity. Bonus: there is an unfinished walk up attic space that can be additional living space, buyer to perform all due diligence.
Parking:
2-car, Off Street
Utilities
for Electric Range
Lot Description:
Cleared, Level
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
226 Fort Pleasant Ave, Springfield, MA, 01108
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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