BEDS32
BATHS22 full
SQUARE FEET22,316
MLS#73422853
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
I am excited to introduce this tremendous investment opportunity in the heart of the historic Forest Park. The Property enjoys strong historical occupancy and has undergone renovations to most of the units leaving room for additional rent increases, already grossing over $258,000 annually the building offers a remarkable 22-unit property with a substantial 22,316 square feet of living space. 41-49 Belmont consists of a four-story brick building with 20 residential units comprised of 8 2-bedroom/1 bath units, 8 1-Bedroom/1-Bath units, 4 Studio units and a separate two-family with (2) 2 bedroom/ 1 bath units. updated hot water systems and 95% HTP condensing Hot water heater. The Property also offers a parking lot and an on site laundry facility. Residents will appreciate the convenience of nearby shops, restaurants, parks, and access to downtown Springfield, making it an ideal choice for small families and professionals. With Springfield's growth now is the time to stake your claim.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Lot Size: 0.27 Acres
Stories: 4.0
Taxes: $25,676
Year Built: 1925
Feature Descriptions
Building Area Total: 22316
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: 234
Dwelling Type: 5+ Family - 5+ Units Side by Side
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parking Features: Off Street, Paved
Parking Total: 16
Rooms Total: 94
Sewer: Public Sewer
Units: 22
Water: Public
Listed By / Shown By
Listed By
Agency Name: Stuart St James, Inc.
Agency Phone: 617-819-5850
Agent Name: David Thompson
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,675.06 per month $4,894.02 Principal & Interest $2,139.67 Property Tax $641.38 Homeowner's Insurance
41-49 Belmont Ave | MLS# 73422853
This multi-family property located at 41-49 Belmont Ave, Springfield, MA 01108 is currently listed for sale with an asking price of $2,199,000. Search Springfield real estate on www.masiellogrouprealestate.com today.