Sold
242 Fort Pleasant Ave, Springfield, MA
Springfield · MA 01108
- $1,100,000
- Price
- 15
- Beds
- 8
- Baths
- 12540
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1906
Units:
8 Units
Lot size:
6,625 Sq.Ft Lot
Price per square foot:
$92 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
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.
Neighborhood & Transit
Forest Park
242 Fort Pleasant Ave, Springfield · MA 01108
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 175 days
- Listing Price:
- $1,150,000
- Price per Sq.Ft:
- $92
- Tax Assessment:
- $541,400 in 2025
- Taxes:
- $707 / Monthly
Home Facts
Interior Features
- Bedrooms
- 15
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 12,540 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12540
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 200 Amps, Other (See Remarks), Individually Metered
Exterior Features
- Lot Size
- 6,625 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kathryn Daviau
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73516463
- Disclosure
- HEAT AND GAS FOR RANGE INCLUDED, TENANT PAYS ELECTRIC. Agent related to seller. Buyer/buyer's agent to perform own and all due diligence. Sellers have never lived in the property. Unit 3L has not been tied into new drainage system, but new pipes are there. Some photos are virtually staged.