30-32 Montgomery St, Springfield, (Indian Orchard), MA, 01151

24 rooms
12 beds
4 Full baths
1928
6,186 sqft
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!
Status:
Active
Town:
Springfield
Type:
Multi-family
Units:
4
Zoning:
R2
Basement:
Full
Levels:
6
Parking:
4-car, Off Street
Acreage:
0.26
Est. Taxes:
$6,073
Assessment
$387,300
Construction
Frame
Lot Description:
Other
Elementary School:
Indian Orchard
Middle School:
Jfk
High School:
Central
MLS #:
73363650
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Tanya Harvey Group, Keller Williams Realty