BEDS15
BATHS8 full
SQUARE FEET12,540
MLS#73516463
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
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 todays renters value.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Bulkhead, Concrete
Basement: Yes
Cooling: None
Heating: Hot Water, Oil
Lot Size: 0.15 Acres
Roof Type: Other
Stories: 5.0
Taxes: $8,489
Year Built: 1906
Amenities
Pantry
Lead Certification Available
Walk-In Closet(s)
Bathroom With Tub & Shower
Upgraded Cabinets
Upgraded Countertops
Remodeled
Living Room
Dining Room
Kitchen
Balcony/Deck
Feature Descriptions
Appliances: Range, Disposal, Microwave, Refrigerator, Dishwasher
Building Area Total: 12540
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 26
Dwelling Type: 5-9 Family
Electric: Circuit Breakers,200+ Amp Service, Common, Individually Metered
Exterior: Brick
Flooring: Vinyl, Hardwood
HeatingY/N: 1
Lot Features: Corner Lot, Cleared, Level
Open Parking Y/N: Yes
Parcel Number: S:05300 P:0065,2585019
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 2
Patio And Porch: Porch, Covered
Rent Includes: Unit 1(Heat, Gas), Unit 2(Heat, Gas), Unit 3(Heat, Gas), Unit 4(Heat, Gas)
Rooms Total: 39
Sewer: Public Sewer
Units: 8
Utilities: for Gas Range
Water: Public
Window Features: Box/Bay/Bow Window(s)
Listed By / Shown By
Listed By
Agency Name: Lock and Key Realty Inc.
Agent Name: Kathryn Daviau
Agency Phone: 413-282-8080
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,602.23 per month $2,559.40 Principal & Interest $707.42 Property Tax $335.42 Homeowner's Insurance
242 Fort Pleasant Ave | MLS# 73516463
This multi-family property located at 242 Fort Pleasant Ave, Springfield, MA 01108 is currently listed for sale with an asking price of $1,150,000. Search Springfield real estate on www.masiellogrouprealestate.com today.