Investment Analysis — 24 Adams St

Springfield, MA 01105

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 01105 carries an estimated $2,975/mo in gross rent — about a 6.95% cap rate and $23,290/yr in estimated NOI at the $334,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,886

Style

2 Family - 2 Units Up/Down

Built

1895

Guess what?! Here is another shot at owning a HOT income producing property in Springfield! Due to buyer default, this home is BACK ON THE MARKET and ready for a new set up of buyers. The home has recently been brought up to FHA appraisal standards including brand new hot water tanks and furnaces. This large 2 family home consists of a first floor unit containing 3 bedrooms and one bathroom. Unit 2 spans across the second and third floor containing 6 bedrooms total (2 bedrooms on floor 2 and 4 bedrooms on floor 3) and 2 full bathrooms (one on each floor). This is an easy drive to major highways, stores, and downtown. Schedule a viewing today!

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 MLS and other third-party data may be inaccurate or out of date.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.