This solid brick multi-family property offers a prime opportunity for both investors and owner-occupants. Two units have been recently updated, enhancing the property's appeal and ensuring comfort for tenants. Additionally, the third floor features two more units, providing even greater rental potential. All units come with lead compliance letters, offering peace of mind and compliance with safety regulations. With separate gas and electric meters, the property is designed for efficient management and optimal cash flow.Situated in the vibrant Forest Park neighborhood, residents will appreciate easy access to local amenities, transportation, and community attractions. The solid brick construction ensures durability and low maintenance, making this property a smart investment. Don't miss out on this exceptional opportunity to own a property that combines functionality, profitability, and location. Schedule your viewing today!
Great investment opportunity on this large Multi 4 family brick building conveniently located off of I91 in the highly sought after Forest Park Neighborhood. Close to the MGM Casino, Naismith Basketball Hall of fame, Six Flags Amusement Park, Springfield College and everything else you might want. This is a great positive, cash flowing property to add to your portfolio or for the first time buyer/investor. Only one like it on the market so don't hesitate. Showings start at open house and by appointment going forward.
RENT. #1
Mar 13, 2022
Price Changed
$1,500
$0/sq ft
MLS PIN #72866381
Sep 5, 2021
Sold
$445,000
$42/sq ft
Jul 21, 2021
Contingent
—
Jul 14, 2021
Listed
$445,000
$42/sq ft
+3
Large 4 Family home in amazing condition in very well maintained. This cash flowing multifamily has also had many updates. Some updates include a newer roof (approximately. 6-7 years ago) newer heating systems with in the last 7 years. Property has been professionally managed and all tenants are on one year leases. A must see for any investor. Property sold as is any inspections are for information purposes only.
MLS PIN #72569160
Dec 6, 2019
Sold
$349,900
$33/sq ft
Sep 23, 2019
Listed
$349,900
$33/sq ft
Public Records
Oct 30, 2006
Sold
$445,000
$42/sq ft
Public Records
Dec 20, 1986
Sold
$932,720
$88/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,366 (−8.3%)
$23,000 + $409,000
$432,000
2022
$8,032 (+17.9%)
$20,900 + $405,900
$426,800
2021
$6,810 (+11.3%)
$19,000 + $341,300
$360,300
2020
$6,117 (+3.5%)
$19,000 + $294,200
$313,200
2019
$5,912 (+5.9%)
$19,000 + $281,400
$300,400
2018
$5,583 (+13.8%)
$19,000 + $264,700
$283,700
2017
$4,907 (+6.1%)
$15,200 + $234,400
$249,600
2016
$4,626 (+3.1%)
$15,200 + $220,100
$235,300
2015
$4,489 (+6.2%)
$15,200 + $213,000
$228,200
2014
$4,228 (+8.5%)
$30,900 + $183,600
$214,500
2013
$3,895 (−0.6%)
$30,900 + $166,700
$197,600
2012
$3,918 (−32.6%)
$30,900 + $166,700
$197,600
2011
$5,814
$60,000 + $238,300
$298,300
Tax history for 116 Fort Pleasant St
Year
Property tax
Land + Additions
Assessment*
2023
$7,366 (−8.3%)
$23,000 + $409,000
$432,000
2022
$8,032 (+17.9%)
$20,900 + $405,900
$426,800
2021
$6,810 (+11.3%)
$19,000 + $341,300
$360,300
2020
$6,117 (+3.5%)
$19,000 + $294,200
$313,200
2019
$5,912 (+5.9%)
$19,000 + $281,400
$300,400
2018
$5,583 (+13.8%)
$19,000 + $264,700
$283,700
2017
$4,907 (+6.1%)
$15,200 + $234,400
$249,600
2016
$4,626 (+3.1%)
$15,200 + $220,100
$235,300
2015
$4,489 (+6.2%)
$15,200 + $213,000
$228,200
2014
$4,228 (+8.5%)
$30,900 + $183,600
$214,500
2013
$3,895 (−0.6%)
$30,900 + $166,700
$197,600
2012
$3,918 (−32.6%)
$30,900 + $166,700
$197,600
2011
$5,814
$60,000 + $238,300
$298,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
10,616
Year built
1908
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2585001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
RES C
High Density Residential District
Multi-family residential
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Senior
Housing-Other
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Walk-Out Access
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
# of Rooms (Total): 26
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 10,600
Foundation Details: Brick/Mortar
Construction Materials: Brick
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated
Exterior Features
Fencing: Fenced/Enclosed
Roof: Rubber
Patio And Porch Features: Porch
Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Lot Information
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $8,669
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating Units: 4
Cooling Units: 0
Location
Location Information
Directions: Turn right onto Sumner Avenue. After approximately 0.7 miles, turn left onto Fort Pleasant Avenue.
UnparsedAddress: 116 Fort Pleasant Street, Springfield MA 01108
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School
Public facts
Beds: 12
Baths: —
Sq. Ft.: 10,616
Stories: 3.0
Lot Size: 7,841 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1908
Year Renovated: —
County: Hampden County
APN: 2585001
Home facts updated by county records on Sep 8, 2026
Other
Miscellaneous Information
Heat Zones: 4
Listing Information
StandardStatus: Closed
Around this home
Schools
Sumner Avenue School
Public PreK-5 • Assigned • 0.4mi
3/10
Forest Park Middle School
Public 6-8 • Assigned • 0.6mi
3/10
Springfield High School
Public 9-12 • Assigned • 0.9mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
86
66
82
59
76
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.