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54 Loring St

3 Unit Apartment Building $400,000 ($133,333/Unit) 8.52% Cap Rate Springfield, MA 01105

Apartment Buildings Massachusetts Springfield 54 Loring St, Springfield, MA 01105

Investment Highlights

  • 3-unit building and a 2-unit building
  • Conveniently located near local amenities, public transportation, and schools

Executive Summary

Presenting a prime multi-family portfolio investment in Springfield! Located at 52-56 Loring St, this portfolio includes two properties: a 2-unit and a 1-unit building, offering a total of 3 income-generating units. Whether you’re looking to expand your investment portfolio or enter the multi-family market, this opportunity provides immediate rental income potential in a desirable location

Property Facts

Price $400,000 Apartment Style Low Rise
Price Per Unit $133,333 Building Class C
Sale Type Investment Lot Size 0.11 AC
Cap Rate 8.52% Building Size 3,318 SF
No. Units 3 No. Stories 2
Property Type Multifamily Year Built 1908
Property Subtype Apartment
Price $400,000
Price Per Unit $133,333
Sale Type Investment
Cap Rate 8.52%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,318 SF
No. Stories 2
Year Built 1908

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - 759
1 of 1
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number SPRI-007940-000000-000017 Improvements Assessment $220,900
Land Assessment $23,000 Total Assessment $243,900

PROPERTY TAXES

Parcel Number
SPRI-007940-000000-000017
Land Assessment
$23,000
Improvements Assessment
$220,900
Total Assessment
$243,900

zoning

Zoning Code R3
R3
(413) 459-4535

Contact

  • Listing ID: 33882344

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 54 Loring St, Springfield, MA 01105

More public record information on 54 Loring St, Springfield, MA 01105

The Multifamily Property at 54 Loring St, Springfield, MA 01105 is currently available for sale. Contact SR Commercial Realty for more information.

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54 Loring St
(413) 459-4535 x

54 Loring St

Jeremy Casey

(413) 459-4535

(413) 459-4535

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