45-47 Forest Park Avenue, Springfield, MA 01101
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$345,000
2 Unit
2 Beds
1 Bath
2240 SQFT
0.13 Acre

Property Description

This Charming Two-Family Home is nestled in the heart of a picturesque historic district, surrounded by stately, timeless residences in Springfield. Built in 1988 the property has long term tenants, whose rents are way below market value, freshly painted and carpeted interiors are just 2 years old, 1 furnace and both water heaters are brand new, each unit has a washer and dryer hook-up in the basement as well as their own private storage areas. They both have well-appointed living and dining areas, abundant natural light, 2 beds rooms and 1 bath and include all kitchen appliances. There is off street parking for 4 cars and a 2 car garage. The property on the left does have an easement right of way for parking. This two-family home is perfect for those seeking an investment opportunity or a place to live while generating rental income. With its unbeatable location and stellar condition, this property is a true gem. Open house Sunday December 22nd from 12-3. Don't miss this opportunity!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 2
  • Total Full Baths: 1
  • Basement Features: Bulkhead, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 27000
  • Net Operating Income: 27000

Utilities

  • Electric Info: 110 Volts, Circuit Breakers, On-Site, Underground
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Other (See Remarks), Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1988
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73318655
  • Last Updated: 12/18/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/18/2024Active$345,000$154MLSPIN
12/14/2024New$345,000$154MLSPIN

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Seller's Representative: Linda Goff, Berkshire Hathaway Home Service New England Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-18 03:05:00

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