Active
3 Days on market
96-98 Walnut St Agawam — Photo 1 of 29

96-98 Walnut St Agawam — Photo 1 of 29

$596,000

Investment Analysis — 96-98 Walnut St

Agawam, MA 01001

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01001 carries an estimated $4,440/mo in gross rent — about a 6.02% cap rate and $35,894/yr in estimated NOI at the $596,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

5

SqFt

3,000

Style

Multi Family

Built

1920

Incredible, sprawling 2-Family investment opportunity in Agawam! This massive property offers unmatched space and flexibility. The first floor unit features a unique, sprawling footprint with 2 bathrooms, The 2nd floor has 1.5 bathrooms, 3BR (no closet in 2 bd) The The 2nd unit includes access to a beautifully finished 3rd floor via historic front and back staircases, adding additional flexible living areas with another full bath room and 2 bedrooms on 3rd floor. Perfect for owner occupant. 2 Car Garage has 20amp electric service and a 2nd floor loft. 3 separate electric meters, 3 hot water heaters, 3 heating systems. 2 driveways to maximize parking. Basement has a owner utility bathroom. Coin operated laundry in basement. washer/dryer connection for 2nd floor in basement. Upon Sale of the home, It will be vacant of all occupants.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$596,000
Annual Taxes$4,599

Parking

Garage2
Off-Street14

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Vinyl, Vinyl / VCT, Carpet, Hardwood
BasementNone

Climate & Utilities

HeatingForced Air, Hot Water, Steam, Natural Gas, Individual
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningRA2

Property & Lot

Acres0.47
SqFt Lot20,354
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation

Geography

Listing Provided By

Listing Agent: Dave White

Listing Office: OwnerEntry.com

MLS® Number: 73576784