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229 City View Ave / 1446 Piper Road, WEST SPRINGFIELD, MA 01089

Commercial property for sale

Added: 06/06/2012
Last Update: 07/16/2012
229 City View Ave / 1446 Piper Road WEST SPRINGFIELD, MA 01089 US
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Description

Properties consist of two single-family dwellings located on separate parcels in West Springfield which are both leased to Northeast Center For Youth & Families: 1) 299 City View consists of 2-story brick house with a 2-car attached garage containing 2,790/sf / 8rms/3brs/2baths built in +/- 1966 on a 0.76 acre site. 2) 1446 Piper Road consists of 1 1/2 story wood frame house 1,831/sf 6/rms/3brs/1bath built +/- 1954 on a 1.15 acre site. Both properties are located in areas that are mostly improved with single-family dwellings with estimated value ranges from $250,000 to $500,000. Unique opportunity for an investor - Net Lease property with a Return on Investment before taxes of 21% for 3 years and then sell or lease out properties again. BECAUSE HOMES ARE OCCUPIED BY CHILDREN OR YOUNG ADULTS PLEASE DO NOT TAKE ANY PICTURES OR VISIT SITE WITHOUT AUTHORIZATION FROM BROKER!!!!!! Building price details: $570,000.

Property Details

  • Type: Multifamily
  • Status: Available
  • Buildings: 1

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