509 Wilbraham Rd, Springfield, MA 01109

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Mark C D.

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Building Details:

• Year Built: 1960

509 Wilbraham Rd is amulti-family property for lease in Springfield, MA.

EXCELLENT property for student housing with a 6 year history. Great Location smack dab in the middle of Springfield College, American International College and Western New England University. Zoned as a two family but being utilized as a large single family with 7-8 bedrooms, 3 full baths, living room, family room, kitchen and office that could be converted to a smaller bedroom. Parking for 8 in front, along the side and in the back. 400 SF Utility shed in the back.
SAVE $40,000+/- IN DORM FEE's AND MAKE MONEY TO BOOT.

Rents Collected: $40,800
Expenses: $16,612 *(based on old tax mill rate)
NOI: $24,188

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