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.
Multi-familyProperty Type
1906Year Built
6,625 sq ftLot Size
$88Price/Sq.Ft.
2 spacesParking
Listed by Kathryn Daviau• Lock and Key Realty Inc.
Listed by • Lock and Key Realty Inc.
Bought with Krishna Kharel• Christine Santaniello Realty
UnparsedAddress: 242 Fort Pleasant Ave, Springfield MA 01108
Community Information
Senior CommunityYN: No
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
Public facts
Beds: 8
Baths: —
Sq. Ft.: 12,540
Stories: 4.0
Lot Size: 6,534 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1906
Year Renovated: —
County: Hampden County
APN: 2585019
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Sumner Avenue School
Public PreK-5 • Assigned • 0.1mi
3/10
Forest Park Middle School
Public 6-8 • Assigned • 0.5mi
3/10
Springfield High School
Public 9-12 • Assigned • 0.8mi
Provided by GreatSchools
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
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52
35
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22
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Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.