Sold

30-32 Montgomery St, Springfield, MA

Springfield · MA 01151

$550,000
Price
12
Beds
4
Baths
6186
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1928
Units: 4 Units
Lot size: 0.26 Acre Lot
Price per square foot: $97 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Prime 4-Family Investment Opportunity + Buildable Lot. Fully occupied 4 Unit home with four spacious 3-bed, 1-bath units, each with long-term tenants, updated and separate utilities. Located in Indian Orchard. Recent updates include vinyl siding, newer windows, newer furnaces and hot water tanks, and conversion from oil to gas heat, ensuring low maintenance and high efficiency. Parking for all. Huge yard with some fencing. Bonus: comes with a buildable lot offering excellent potential for expansion or resale. Strong cash flow from day one with room to grow. Ideal for investors seeking turnkey income and future development upside in a growing rental market, buy-and-hold investors, 1031 exchange buyers, or portfolio builders seeking a low-hassle, high-upside asset in a desirable rental market. Conveniently located near local amenities, public transportation, and major highways.

Neighborhood & Transit

Indian Orchard

30-32 Montgomery St, Springfield · MA 01151

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:
470 days
Listing Price:
$600,000
Price per Sq.Ft:
$97
Tax Assessment:
$387,300 in 2025
Taxes:
$506 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
6,186 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6186
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
11,225 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Tanya Harvey Group
Listing office
Keller Williams Realty
MLS PIN #
73363650
Disclosure
Lot is deeded separately and is included with this sale. Multiple offers - Deadline to submit 5pm 5/5/2025