242 Fort Pleasant Ave, Springfield, MA 01108
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242 Fort Pleasant Ave, Springfield, MA 01108
242 Fort Pleasant Ave, Springfield, MA 01108
242 Fort Pleasant Ave, Springfield, MA 01108
242 Fort Pleasant Ave, Springfield, MA 01108
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Sheri Sibley

Sheri Sibley

Engel & Völkers

+1(781) 258-7340
$ 1,150,000
Est. payment /mo
Save
Open Thu 2PM-3PM

242 Fort Pleasant Ave Springfield, MA 01108

15 Beds

8 Baths

12,540 SqFt

Open House

Thu May 14, 2:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,540 sqft

Price per Sqft $91

MLS Listing ID 73516463

Bedrooms 15

Full Baths 8

Year Built 1906

Annual Tax Amount $8,489

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type 5-9 Family

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.

Location

State MA

County Hampden

Area Forest Park

Zoning R3

Direction Sumner Ave to Fort Pleasant

Rooms

Basement Full, Interior Entry, Bulkhead, Concrete

Interior

Interior Features Pantry, Lead Certification Available, Walk-In Closet(s), Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Dining Room, Kitchen

Heating Hot Water, Oil

Cooling None

Flooring Vinyl, Hardwood

Appliance Range, Disposal, Microwave, Refrigerator, Dishwasher

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University

Utilities Available for Gas Range

Roof Type Other

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot, Cleared, Level

Story 5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Lock and Key Realty Inc.
Sheri Sibley

Sheri Sibley

Broker | License ID: 9508374

+1(781) 258-7340

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242 Fort Pleasant Ave