$600,000
30-32 Montgomery St
Springfield, MA, 01151
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.
Property Details
Price:
$600,000
MLS #:
73363650
Status:
Pending
Beds:
12
Baths:
4
Address:
30-32 Montgomery St
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
indianorchard
City:
Springfield
Listed Date:
Apr 23, 2025
State:
MA
Finished Sq Ft:
6,186
Total Sq Ft:
6,186
ZIP:
01151
Lot Size:
11,225 sqft / 0.26 acres (approx)
Year Built:
1928
Units:
4
Schools
Elementary School:
Indian Orchard
Middle School:
Jfk
High School:
Central
Interior
Bathrooms
4 Full Bathrooms
Flooring
Wood, Tile, Vinyl, Carpet
Exterior
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
4
Roof
Rubber
Financial
Tax Year
2025
Taxes
$6,073
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Neilsen Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
30-32 Montgomery St
Springfield, MA
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