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