Investment Analysis — 1043 Sumner Ave

Springfield, MA 01118

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01118 carries an estimated $3,800/mo in gross rent — about a 3.54% cap rate and $21,244/yr in estimated NOI at the $599,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,000

Style

Multi Family

Built

1930

Fully renovated historic fire house now offered for sale in East Forest Park. 1 residential unit upstairs and 1 commercial unit on the ground level but there are lots of options for different uses/adjustments. High ceilings, giant windows, lots of natural light everywhere. Also has approx 2000 sq ft in the basement for storage and mechanicals. First floor to be vacant. Please do not disturb tenants.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.