$1,150,000 ($91.71 per sqft)

Est. Mortgage $5,665/mo *

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242 Fort Pleasant Ave, Springfield, (Forest Park), MA, 01108

242 Fort Pleasant Ave, Springfield, (Forest Park), MA, 01108
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39 rooms

15 beds

8 Full baths

1906

12,540 sqft

242 Fort Pleasant offers a rare opportunity to acquire a professionally managed eight-unit brick building in Forest Park Heights. Building was extensively updated in 2023 with major capital improvements completed, offering investors a turn-key, low-maintenance asset. Capital improvements include complete re-wiring of the property, including bringing circuit panels into individual units, full replacement of exterior meter box, & installation of 9 new hot water tanks. Complete replacement of all pipes in the building, including all new drainage throughout. Six of the eight units were thoughtfully reconfigured from one-bedroom to two-bedroom layouts to maximize rental income and overall functionality. The updated units feature gleaming hardwood floors, luxury vinyl plank flooring, renovated kitchens, and modernized bathrooms designed with both durability and tenant appeal in mind, while spacious walk-in pantries and walk-in closets provide the additional storage today’s renters value.

Status:

Active

Town:

Springfield

Type:

Multi-family

Units:

8

Zoning:

R3

Heating:

Hot Water, Oil

Cooling:

None

Basement:

Full, Interior Entry, Bulkhead, Concrete

Levels:

5

Parking:

2-car, Paved Drive, Off Street, Paved

Acreage:

0.15

Est. Taxes:

$8,489

Assessment

$541,400

Construction

Brick

Utilities

for Gas Range

Lot Description:

Corner Lot, Cleared, Level

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University

Appliances:

Range, Disposal, Microwave, Refrigerator, Dishwasher

MLS #:

73516463

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Kathryn Daviau, Lock and Key Realty Inc.