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242 Fort Pleasant Ave, Springfield, MA 01108

Beds
15
Baths
8
Sqft
12,540

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLock and Key Realty Inc.
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
5
Number of bedrooms
15
Number of bathrooms
8
Square feet
12,540
Lot size (acres)
0.15
Year built
1906

Interior features

Basement
Yes

Exterior features

Area amenities
Golf Course

Utilities

Heating
Hot Water, Oil
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$8,489

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73516463 Last checked:

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