129-131 W Alvord St Springfield — Photo 1 of 23
$435,000
Investment Analysis — 129-131 W Alvord St
Springfield, MA 01108 — Forest Park
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 01108 carries an estimated $3,800/mo in gross rent — about a 6.85% cap rate and $29,800/yr in estimated NOI at the $435,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
2.5
SqFt
2,896
Style
Multi Family
Built
1922
Presenting this 3 level multifamily home ready for immediate occupancy. This two-family dwelling provides a unique opportunity for an investor or owner occupant. The property offers nine bedrooms, 3 on the first floor unit and 2 on the 2nd floor unit featuring hardwood flooring in multiple areas of the home. The property includes two full bathrooms, one half bathroom, a private front porch for the 1st floor and the convenience of a two-car garage. Schedule a showing 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
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Interior Specifications
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Public Transportation • Public School
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Listing Agent: Christine Moore
Listing Office: Crescent Hill Real Estate
MLS® Number: 73579288