$399,000 ($113.35 per sqft)

Est. Mortgage $1,991/mo *

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69 Winter St, Springfield, MA, 01105

69 Winter St, Springfield, MA, 01105
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15 rooms

8 beds

2 Full baths

1890

3,520 sqft

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 $53,079 and the cap rate is 13.3%. 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.

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

B1

Garage:

10-car

Heating:

Electric, Steam, Natural Gas

Cooling:

Window Unit(s)

Basement:

Full, Garage Access, Concrete, Unfinished

Levels:

3

Parking:

10-car, Paved Drive, Other

Acreage:

0.15

Est. Taxes:

$8,321

Assessment

$389,200

Construction

Brick

Utilities

for Electric Range, for Electric Oven

View Description:

City View(s)

Amenities:

Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks

Appliances:

Range, Refrigerator

MLS #:

73536012

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Tim Thompson, Timothy Thompson 413-210-9383