Prime 4-Family Investment Opportunity + Buildable Lot. Fully occupied 4 Unit home with four spacious 3-bed, 1-bath units, each with long-term tenants, updated and separate utilities. Located in Indian Orchard. Recent updates include vinyl siding, newer windows, newer furnaces and hot water tanks, and conversion from oil to gas heat, ensuring low maintenance and high efficiency. Parking for all. Huge yard with some fencing. Bonus: comes with a buildable lot offering excellent potential for expansion or resale. Strong cash flow from day one with room to grow. Ideal for investors seeking turnkey income and future development upside in a growing rental market, buy-and-hold investors, 1031 exchange buyers, or portfolio builders seeking a low-hassle, high-upside asset in a desirable rental market. Conveniently located near local amenities, public transportation, and major highways.
- Basement:
- Full
- Parking:
- Off Street
- Construction:
- Frame
- Flooring:
- Tile, Wood, Vinyl, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- according to the seller.
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Living Rm/dining Rm Combo
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)
- Area:
- Indian Orchard
- Grade School:
- Indian Orchard
- High School:
- Central
- Middle School:
- Jfk
- Market Time:
- 30
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $89
- Zoning:
- R2
- No Units:
- 4
- Orig Price:
- $600,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01151
- Longitude:
- W73° 30' 18.8''
- Latitude:
- N42° 9' 26.4''
Residential Income
30-32 Montgomery St, Springfield, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $600,000
- Bedrooms :
- 12
- Rooms :
- 24
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 6,186 Sqft
- Year Built :
- 1928
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73363650
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
