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147 Days on market
27 Loring St Springfield — Photo 1 of 29

27 Loring St Springfield — Photo 1 of 29

$569,900

Investment Analysis — 27 Loring St

Springfield, MA 01105

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 4-unit multi-family in 01105 carries an estimated $5,715/mo in gross rent — about a 8.10% cap rate and $46,166/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.

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Beds

8

Baths

4

SqFt

5,880

Style

4 Family

Built

1880

Great investment opportunity!! Nice 4 Family with great rents and plenty of updates! 1 unit was just turned over and now vacant, ready for a new Tenant or Owner. 3 units have lead certificates. All spacious 2 bedrooms units. Gas heating. Back porches and stairs were replaced less than 2 yrs ago. Plenty of parking with a 3 car garage. Short distance to Interstate 91, Basketball Hall of Fame, The Mass Mutual Center, recent revitalized downtown area, new businesses and restaurants and blocks to MGM Grand Casino.

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$569,900
Annual Taxes$5,955

Parking

Garage3
Off-Street12

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningR3

Property & Lot

Acres0.13
SqFt Lot5,763
Lot FeaturesLevel

Geography

Listing Provided By

Listing Agent: Melinda Puzon

Listing Office: MP Signature Realty LLC

MLS® Number: 73517329