56-60 Fort Pleasant Avenue

Springfield, MA 01108

$1,900,000
Price
20
Beds
20
Baths
18,588 Sq. Ft.
$102 / Sq. Ft.
18,588
Sq. Ft.
$102
per Sq. Ft.

Description

Welcome to this prime investment property offering a versatile mix of residential units and valuable amenities:10 one-bedroom units, each designed for comfort and practicality, 10-three room studios, providing efficient living spaces, and 10 garage bays, ensuring convenient parking and storage solutions. Professionally managed and conveniently located near major highways, bus routes, and downtown Springfield, this property appeals to a wide range of tenants seeking accessibility and urban convenience....Welcome to this prime investment property offering a versatile mix of residential units and valuable amenities:10 one-bedroom units, each designed for comfort and practicality, 10-three room studios, providing efficient living spaces, and 10 garage bays, ensuring convenient parking and storage solutions. Professionally managed and conveniently located near major highways, bus routes, and downtown Springfield, this property appeals to a wide range of tenants seeking accessibility and urban convenience. Springfield's ongoing revitalization enhances the appeal of this investment opportunity, promising potential growth and value appreciation. Explore the possibilities and secure your investment in Springfield's dynamic real estate market today.

Property Details for 56-60 Fort Pleasant Avenue

Town
Springfield
Area
MA-Springfield
Garage Spaces
10
Parking Spaces
10.00
Parking Spaces Total
20
LISTING UPDATED: 12/07/2024 08:04 AM

Property Details for 56-60 Fort Pleasant Avenue

StatusUnder Agreement
MLS #73258481
Days on Market104
Taxes$25,261 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1925
CountyHampden County

Building Information for 56-60 Fort Pleasant Avenue

Stories4Residences20Year Built1925Building Size-Lot Size0.37 AC / 16,313 SF

Property Information for 56-60 Fort Pleasant Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
  • Living Area: 18588.0
  • SqFt with Basement: No
  • Total Units: 20
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Walk Out
  • Num of Baths: 20.0
  • Num of Full Baths: 20
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 20.00
  • Bathrooms Total Integer: 20
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Brick, See Remarks
  • Exterior Features: Sprinkler System
  • Exterior Features: Sprinkler System, Porch
  • Patio And Porch Features: Porch
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: 10.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, On Street Permit, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, On Street Permit, Paved Driveway
  • Parking Features: Off-Street, On Street Permit, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller makes no representations or guarantees of accuracy for information provided; buyers agent to confirm all; buyer responsible for due diligence. Seller reserves the right to accept and offer at any time,member of ownership LLC is licensed real estate agent.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:05300 P:0022,2584992
  • Assessments: $1,501,500
  • Book: 25363
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 20
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Brick/Mortar, Other
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $251,940.00
  • GRE: $104,296
  • HTE: $12,950
  • MSE: $2,750
  • RME: $2,519
  • Operating Expense: $104,296.00
  • WSE: $13,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $22,100.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.5

Property History for 56-60 Fort Pleasant Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 56-60 Fort Pleasant Avenue

Taxable ValueLand$280,000Additions$1,221,500Total$1,501,500
Tax Record2024$24,114 ($2,010 / month)
Home Facts
Total Finished SqFt18,588 SqFtAbove Grade Finished SqFt18,588 SqFtStories4Lot Size16,313 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningR3CountyHAMPDENAPNSPRI S:05300 P:0022

Schools near 56-60 Fort Pleasant Avenue

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Daniel B Brunton
PublicPK to 5

South End Middle School
Public6 to 8

High School/Science-Tech
Public9 to 12

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lock and Key Realty Inc., Raquel Medina

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.