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16 Days on Jacob Realty
2
$299,900
Total Beds: 8 Total Baths: 2
Total Units: 2 SQFT: 2722
LOT size: 0.11 Acres
38-40 Webster St
Springfield, MA 01104
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Property Description

***Highest & best by 6pm Monday, January 13, 2025*** Prime investment opportunity in the desirable Liberty Heights neighborhood of Springfield! This spacious 2-family home boasts two 8-bedroom units, offering tremendous potential for high rental income. Each unit is equipped with separate utilities and currently has month-to-month tenants, ensuring immediate cash flow. With large living spaces, hardwood floors, updated kitchens, and plenty of storage, this property is perfect for investors seeking long-term value. Off-street parking and a sizable backyard enhance the property’s appeal. Conveniently located near major highways, public transit, shopping, and schools. A great opportunity to add a high-income property to your portfolio—schedule a showing today!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Amenities: Highway Access, Medical Facility, Other (See Remarks), Park, Public Transportation

Financial

  • APOD Available: No
  • Gross Operating Income: 45600
  • Net Operating Income: 45600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1901
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73323192
  • Last Updated: 01/12/25

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Map

Seller's Representative: Allen Murray, Home Equity Assets Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-01-12 09:35:00

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