827-831 Armory St Springfield — Photo 1 of 27
$430,000
Investment Analysis — 827-831 Armory St
Springfield, MA 01107 — Liberty Heights
Based on rent reported on the MLS listing, a 3-unit multi-family in 01107 carries $3,850/mo in gross rent — about a 6.84% cap rate and $29,414/yr in estimated NOI at the $430,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,860
Style
3 Family
Built
1904
Attention investors! Well maintained 3 family property with separate utilities, off street parking & garage. Each unit has separate gas hot water baseboard heating boiler, gas hot water tank, electric & water meter. Unit 831 (1st floor) has kitchen & dining room with tile floors; living room with hardwood floor; 2bedrooms with closets; full bath with tub & tile floor; in-unit laundry; and backyard area with gazebo. Unit 827 (1st floor) has kitchen; living room; bedroom with closet; full bath with tub & tile floor; laundry hookups in the basement; and backyard deck. Unit 829 (2nd floor) has kitchen; large living room; 2 bedrooms; full bath with tub; backyard deck; laundry hookups in the basement; and use of garage. The house is conveniently located with easy access to parks, hospitals, highways and other area amenities.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Highway Access
Geography
Listing Agent: Ivan Karamian
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73516964