$409,000
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69 Winter St Springfield, MA 01105
Other
Residence
8
Beds
2
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 eight garage bays that lease at a monthly rate of $150 - $250 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 projected NOI is $55,359 and the cap rate is 12.9%. 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.
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MLS#
73446364
Property Type
Other
Bedrooms
8
Bathrooms
2 Full
Year Built
1890
Price per Sq. Ft.
$116.19
Lot Size
0.15
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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