Investment Analysis — 51-53 Suffolk St

Springfield, MA 01109

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01109 carries an estimated $4,540/mo in gross rent — about a 7.25% cap rate and $36,267/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,455

Style

Multi Family

Built

1923

Appraised at $545,000!! Buyer lost financing! Here’s an excellent opportunity to own this Fully Vacant investment property with a huge income potential perfect for Owner Occupants or any investor looking to expand their portfolio! This home features 9 Bed 3 Full Baths, Open Concept Living and Dining Rooms in each unit, Gas Heat with separate meters for each unit, Front Porch for each unit, Two Car Garage, Fenced in Yard, Etc! Highlights of this property are Kitchens with Soft Close White Shaker Cabinets and Granite Countertops, Bathrooms with tiled tub surrounds, Modern Vinyl Waterproof flooring in the kitchens, bathrooms, and third floor areas, Gleaming Hardwood Floors in the first and second floor bedrooms, living, and dining rooms, Etc! Come check out everything this gorgeous home has to offer at our Open House Sunday 10/04 from 2PM to 3:30PM!!

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 MLS and other third-party data may be inaccurate or out of date.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