Wholesale Property in Springfield MA

1179 Bay St, Springfield, MA 1109

$199,000 After Repair Value -
$95,000 Asking Price -
$30,000 Cost of Repairs =
$74,000 Potential Profit

Property Details

Asking Price $95,000

After Repair Value $199,000

Costs of Repairs $30,000

Potential Profit $74,000

Living Area 1957 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $21,600

Yearly Expenses $4,320

Property Taxes $2,353

Net Operating Income $14,927

Cap Rate 12% after rehab

Property Description

Investors or buyers with rehab loan. Vinyl sided single family home. Eight room, four bedrooms one and a half baths.

House is in need of work. Some fire damage.

Cash or rehab loan only. BRING YOUR OFFERS

Rent Potential $1800/mo

Repairs Needed

House in need of work and updates. A bit of fire damage

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