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242 Fort Pleasant Ave

springfield, MA 01108

$1,150,000

  • 15 BR
    8 BA
    approx. 12,540 SF

Interested? Let's Connect

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.

Details

12,540 Sq Ft

6,625 Sq Ft Lot Size

investment

$707 Monthly Tax

Built in 1906

MLS/Listing ID 73516463

5 Stories

8 Units

Amenities & Features

Covered

Porch

Parking - Off Street

Parking - Paved

Lot - Cleared

Bathroom with Tub and Shower

Upgraded Countertops

Dining Room

Balcony - Deck

Community - Walk/Jog Trails

Community - University

Community - Public School

Community - Private School

Community - Medical Facility

Community - Laundromat

Community - House of Worship

Community - Highway Access

Dishwasher

Disposal

Microwave

Range

Refrigerator

Pantry

Walk-in Closets

Heating - Hot Water

Heating - Oil

Brick Mortar

Hardwood

Vinyl

Lead Certification Available

Living Room

Upgraded Cabinets

Public Sewer

Public Water

Community - Tennis Courts

Community - Shopping

Community - Public Transportation

Community - Park

Community - Golf

Construction - Brick

Lot - Level

Lot - Corner Lot

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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