Home for Sale in Wilbraham

Here is a new home that we have for sale in the beautiful town of Wilbraham, MA.

It is a cool split level. The home has 3-4 bedrooms with 2 full baths, including a master bath and 2,055 sq.ft sitting on 1.54 acres. Has tons of potential with room for expansion into the unfinished attic space! Just waiting for your personal upgrades. Price is $259,876

For Sale: 635 Stony Hill Rd Wilbraham MA

House For Sale Wilbraham MA

House For Sale Wilbraham MA

Buy a house Wilbraham

Buy a house Wilbraham

Great Hardwood Floors

Great Hardwood Floors

Cabinet Packed Kitchen

Cabinet Packed Kitchen

Expansion Potential in Unfinished Attic Space

Expansion Potential in Unfinished Attic Space

2 Car Garage

2 Car Garage

 

This wonderful house has so much to offer including 3 Bedrooms, Master Bath, Separate Study, Gorgeous Hardwoods, Large Kitchen & 3 season room w/ heat. So much potential here! With a little TLC this house can become your dream home. Quietly tucked back off the street on just over 1.5 acres gives a more private feel, yet centrally located minutes away from all area amenities. New septic system to be installed. House is huge and you can expand into 2 more large rooms in attic if you desire.

Call 413-241-6859 or email info@hampdenhomebuyers.com to learn more

 

 

 

 

Weekly Recap and New Finished Rehab… 93 White St, Westfield MA

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We wrapped up another eventful week here in beautiful Springfield, MA.  We purchased two more rehab properties; a full gut in Springfield and a light cosmetic rehab in East Longmeadow. We put both of these properties under contract less than two weeks ago. It’s great to have access to that kind of Cash… and to be able to close on these deals in less than two weeks…. pretty powerful stuff when you are making offers to motivated sellers!!

 We also finished up the rehab on two of our ongoing projects. 37 Mansfield St is complete and we accepted an offer on it prior to even having to put it on the market. One of our “preferred realtors” took a client through while we were finishing up and they made us an offer. After some negotiating we came to an agreement yesterday, with home inspection scheduled for Monday.

Our other finished property is a two family home located at 93 White St in Westfield MA. We started the rehab on this home earlier this year, prior to me even starting this blog, and we finally finished it. It was another fire damaged home and required a full gut renovation.  The rehab took way too long, mainly due to us having to fire a couple of contractors, but it is finally complete and looks great. Here are some of the finished pictures:

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Exterior

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Kitchen - Unit 1

 

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Kitchen - Unit 1

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Bathroom - Unit 1

 

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Living Room - Unit 1

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Bedroom - Unit 1

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Kitchen - Unit 2

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Dining Area - Unit 2

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Bathroom - Unit 2

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Living Room - Unit 2

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Bedroom - Unit 2

 

I’m not too sure how the market is in Westfield as we’ve never sold anything there before, however we already have 5 showings scheduled for this weekend, so I’m hoping we can move this one quickly.

After our two purchases this week we will now have 6 rehabs going with one more in the pipeline set to close in the coming weeks. The winter months tend to be a little slower on the resale side, but I don’t think we’ll have too much trouble moving our finished rehabs as they are always head and shoulders above our competition!! 

 

 

 

 

 

Deal Updates

A quick update on where some of our projects stand;

 

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39 Brooks St, Springfield:We put Brooks St on the market for $133,900 and accepted an offer in early August. The home inspection was done two weeks ago and went very well. The appraisal was done on Friday and the buyer has received their loan commitment contingent upon appraisal review. Closing should be early to mid September.

 

 

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17 Bessemer St, Springfield:  Bessemer St went under agreement very fast. We put the property on the market on Friday 8/15 and by the end of the open house on Saturday 8/16 we had multiple offers. The home inspection was performed last week, with the appraisal scheduled for this week…. closing should be the end of September. This home came out really nice and will probably be our best project to date.   

 

 

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71 Hartford Terrace Springfield:  Hartford Terrace initially went under agreement back in June. After our first buyers hit some delays in getting their financing we put the home back on the market in late July at our initial asking price of $189,900. We had four showings the first day back on the market and received multiple full price offers. The home inspection and appraisal are complete and we are just waiting to close at the end of September. 

 

 

Work is still under way at Mansfield St, Plumtree and Glenwood.   

September is going to be another busy month so stay tuned…….

"Plumtree Road" New Project Underway

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We just started renovations on our newest project on Plumtree Rd in Springfield. This is a great location in a neighborhood known as East Forest Park, just around the corner from our house on Hartford Terrace. This is an easy project compared to most of our other rehabs…. no fire damage, no leaking roofs, no full gut…. just a light rehab that will take less than two weeks. I guess this is one of those light cosmetic jobs I have been looking for.

We have been working on buying this property for over a year. I first spoke with the owner in February of 2008. The owner lived in Arizona and flew up to show me the house. We were pretty close to making a deal with her at that time… then she found out she may be transferred back up to Springfield for work and she decided to hold onto the house. Thanks to Dominics persistent follow up we were the first ones on her mind when she realized she would not be coming back to Springfield and she needed to get rid of the house!!

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It’s a nice Cape with a huge backyard, similiar to our house on Bessemer St. This house has 3 bedrooms and 2 full baths. We will be painting the outside, updating the second floor bath, putting on a roof, doing some sheetrock repairs, refinishing the hardwoods, repairing some water damage from a leaking pipe, and painting everything.    Heres some more photos:

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Dining Room

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Living Room

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Kitchen

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First Floor Bathroom

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Fireplace

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Second Floor Bathroom

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Second Floor Bedroom

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Second Floor Bedroom

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Open Staircase

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Kitchen

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First Floor Bedroom

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High Effeciency Furnace

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Tankless Water Heater

You’ll notice that the kitchen ceiling is laying on the kitchen floor in the above pictures. There was a steady leak from the upstairs bathroom sink supply line that caved in the kitchen ceiling.

The good thing is this house already had a brand new high efficiency furnace and tankless water heater installed, those are big ticket items that we don’t have to address.

We don’t have a huge budget on this one so it’s not going to be as decked out as Bessemer, but it will still look real sharp when we’re done!

37 Mansfield St– Fire Damaged Multi Rehab Update

We’ve made some slight changes over at the fire damage three family…. mainly we decided that it was no longer going to be a three family, we are converting it to a two family. The main reason behind this is because the city wanted us to do too many life/safety upgrades to the property that would have killed our budget. They were requiring us to either put a sprinkler system in, or install a fire alarm system complete with pull boxes, strobe lights, illuminated exit signs, beacons, and a fire panel that wirelessly called directly into the fire department. These are things you would generally find in a large office building or a 50-100 unit apartment complex…. not a dinky little three family located on a side road in Forest Park.

 The changes are actually going to work out pretty good. We had planned on holding this property as a rental, but now since it is only two units we are going to retail it. The value of the property actually doesn’t change that much, a two family is worth about the same as a three family, mainly due to the ease in which an owner occupant can buy a two family. A three family is much more difficult for an owner occupant to finance and an investor purchasing usually needs 20%-30% down thus limiting the pool of buyers and bringing the price of a three unit down.

It is now a very large two family with the second unit taking up two floors, kind of like a townhouse unit. The second floor unit will now be 6 bedrooms and 2 full baths…. it’s gonna be huge!

We’ve finished up the majority of the work on the outside. The inside is being sheetrocked. Heres a look;

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All the siding is complete along with the roof and the windows. The front porch was rebuilt and the side porch was taken down. Heres what it looked like before;

 

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  So the outside is looking real sharp. Now it’s just a matter of finishing up the sheetrock, painting, and completing all the finish work inside. Before you know it we’ll have this one on the market and under agreement!!!

Bessemer Pictures, Finished and Staged

Here’s the finished pictures of Bessemer St; cleaned, staged and ready for a new buyer!! 

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Dang, thats alot of pictures….. didn’t realize I took so many!!! 

The house came out great and I definetly think it will sell fast. I’m off to the open house.

Video Update at the Fire Damaged Multi Family

Heres a video update from the fire damaged multi family that we are working on.  The outside is almost complete, inside all the rough is in so we are just waiting on inspections. Once inspections are complete we will begin insulating and than sheetrock. 

We’ve got a couple more rehabs under contract that we will be closing on in the coming weeks so be ready for some more great updates!!

39 Brooks St, Springfield MA

We have the home on Brooks St on the market. We repaired some water damage spots, put gutters on the house, did some landscaping and a few other odds and ends. Once the work was done we cleaned it and staged it. This home was rehabbed by the previous owner so it is a nice change from the full gut rehabs we have been doing lately.  Here are some photos:

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The new furnace is a high effeciency direct vent unit that runs at 95%.

Heres what the property looked look before we bought it.

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Brooks Kitchen

Brooks Living Room

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Not as drastic a change as Bessemer or Hartford Terrace , but the improvements will help it show alot better.