242 Fort Pleasant Ave, Springfield, MA 01108

$1,100,000
15
BD
8
BA
12,540
SqFt

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Sold Price
$1,100,000
List Price
$1,150,000
Status
SOLD
MLS#
73516463
Bedrooms
15
Bathrooms
8
Full Baths
8
Living Area
12,540
Lot Size (Acres)
0.15
Year Built
1906

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 today’s renters value.

Additional Information

Area
Forest Park
Taxes
$8,489
Interior Features
Pantry, Lead Certification Available, Walk-In Closet(s), Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Dining Room, Kitchen
Parking Description
Paved Drive, Off Street, Paved
Lot Description
Corner Lot, Cleared, Level
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kathryn Daviau from Listing Office: Lock and Key Realty Inc..

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