Investment Analysis — 94-96 Byers 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 $6,200/mo in gross rent — about a 12.56% cap rate and $52,749/yr in estimated NOI at the $419,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,820

Style

Multi Family

Built

1920

Here's an excellent opportunity to own this income producing two family home in the downtown section of Springfield!! This home features 5 bed 2.5 bath in each unit with one vacant unit and one unit rented by bedrooms with a total monthly rent of $4150 making this the perfect first investment or addition to a growing investor portfolio! Live in one unit for free or rent it out for maximum ROI profit! Updates include spacious eat-in kitchens with granite countertops and breakfast bar, updated bathrooms with tiled floors and tiled tub surrounds, newer gas boilers, refinished hardwood floors, vinyl replacement windows, etc! Each unit has a master suite on the 3rd floor with a large bedroom and full bathroom with soaking tub and shower! Come check out everything this home has to offer at our Open House this weekend!

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 MLS and other third-party data may be inaccurate or out of date.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