101 Mulberry St #219 Springfield — Photo 1 of 9
$175,000
Investment Analysis — 101 Mulberry St #219
Springfield, MA 01105
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01105 carries an estimated $1,550/mo in gross rent — about a 7.09% cap rate and $12,408/yr in estimated NOI at the $175,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
840
Style
Condominium
Built
1955
Move-In and Just grab the remote! Nothing much to do here inside this charming condominium. Inside you'll notice a beautiful kitchen with brand new countertop, kitchen cabinets. Brand new appliances: Range, refrigerator, vent hood, sink and faucet, tiled backsplash, garbage disposal, and new tiled floors. A bathroom featuring: a new sink, new toilet, new glass shower door, and brand new tiled walls and flooring. The tiled entryway welcomes you into a generously sized living room with freshly laid carpeting, two bedrooms with LVP flooring, one of which is connected to a cozy sunroom with a view of the front of the condominium. It also features electric heating, laundry facilities on the floor, and building security. All luckily located in a highly convenient downtown setting, this condo puts you at the heart of it all. Within easy reach of hotels, excellent restaurants, shops, the Mass Mutual Center, the Basketball Hall of Fame. You'll also enjoy quick access to I-91 and major highways.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • Public School
Geography
Listing Agent: Fred Miller
Listing Office: Keller Williams Realty
MLS® Number: 73568895
