30-32 Montgomery St new Save Request In-Person Tour Request Virtual Tour
Springfield,MA 01151
Key Details
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 6,186 sqft
Price per Sqft $96
MLS Listing ID 73363650
Bedrooms 12
Full Baths 4
Year Built 1928
Annual Tax Amount $6,073
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type 4 Family - 4 Units Up/Down
Property Description
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. This one won't last!
Location
State MA
County Hampden
Area Indian Orchard
Zoning R2
Direction Main St to Montgomery
Rooms
Basement Full
Interior
Interior Features Kitchen,Living RM/Dining RM Combo
Flooring Wood,Tile,Vinyl,Carpet
Exterior
Roof Type Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Other
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Schools
Elementary Schools Indian Orchard
Middle Schools Jfk
High Schools Central
Others
Senior Community false