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56-60 Fort Pleasant Ave Springfield. MA 01108

$1,900,000

Multi Family

20 Bedrooms

20 Bathrooms

18,588 sq ft

10 Parking Spots

0.37 Acres

Built in 1925

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.

This listing has been viewed 126 times in the past 176 days

Last Updated: December 8th, 2024 at 6:43am

Highway Access

Public School

Shopping

Park

Laundromat

Public Transportation

T-station

General Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Property TypeResidential Income

Property Sub TypeMulti Family

Price$1,900,000

Price per sqft$102.22

MLS #73258481

Handicap Access / FeaturesNo

List Date2024-06-27

Special Listing Conditions

StateMassachusetts

Street NameFort Pleasant Ave

CitySpringfield

Zip Code01108

CountyHampden

MLS Status

Covered Parking Spaces10

Heating Y/NNo

Heating System

Heat Zones

Sold Date31/01/2025

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total18588

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces10

Listing Service

UnparsedAddress56-60 Fort Pleasant Ave, Springfield MA 01108

Zoning

Interior Features for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

* Approx. Living Area Total18,588 sq ft

Living Area Includes BasementNo

Bedrooms20

* # Fireplaces0

Bathrooms (Total)20

Full Baths20

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricNo

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_11

MLSPIN_BEDRMS_20

MLSPIN_BEDRMS_3

MLSPIN_BEDRMS_4

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_4

MLSPIN_GRE$104,296

MLSPIN_HTE$12,950

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_4

OffMarketDate02/10/2024

Exterior Features for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

* Approximate Lot Size0.37 acres

Covered Parking Spaces10

Lot Features

* Parking Spaces10

* Sewer Utilities

* Water Utilities

* Year Built1925

Year Built Details

Year Built SourcePublic Records

Construction MaterialsBrick, See Remarks

Exterior Features

Foundation Area

Foundation MaterialsBrick/Mortar,Other

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)16,313 Sqft

Disclosures for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Buyer Agent Compensation1.5

Contingency

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ONNet Sale Price

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintUnknown

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation0

TransactionBrokerCompensationType

BuyerAgencyCompensationType%

Financial Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data SourcePro. Forma Available

Gross Income$251,940

Insurance Expense$0

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_4

MLSPIN_MGF$0

MLSPIN_MSE$2,750

MLSPIN_RENT11200

MLSPIN_RENT21100

MLSPIN_RENT3

MLSPIN_RENT4

MLSPIN_RFS$0

MLSPIN_RME$2,519

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$0

OperatingExpense$104,296

OriginalListPrice$1,950,000

RENT_FEE_INCLUDES

TOTAL_RENT22100

WaterSewerExpense$13,200

Lifestyle Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Elementary School

Middle School

High School

NumberOfUnitsTotal20

Marketing History for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

MLSPIN_MARKET_TIME_BROKER104

MLSPIN_MARKET_TIME_PROPERTY104

PurchaseContractDate2024-10-02

Agent Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Agent MLS IDCN248005

Office MLS IDAN5521

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 11707.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Raquel Medina

Lock and Key Realty Inc.

Agent Phone

(413) 218-3272

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W73° 25' 23.2'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 5' 19.8'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Lock and Key Realty Inc.
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => CN248005
        )

[field_3043] => Array
        (
            [field_id] => 3043
            [type] => date
            [name] => ANT_SOLD_DATE
            [value] => 31/01/2025
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3058] => Array
        (
            [field_id] => 3058
            [type] => select
            [name] => COMP_BASED_ON
            [value] => Net Sale Price
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 102.22
            [unit_id] => 260
            [value] => $102
            [price_only] => $102
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 104
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 07/12/2024 13:01:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 56
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 0
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => N
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 1200
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 20
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1100
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => Public
                )

)

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 22100
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 413-282-8080
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 413-218-3272
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 18588
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 1.5
        )

[field_3186] => Array
        (
            [field_id] => 3186
            [type] => select
            [name] => BuyerAgencyCompensationType
            [value] => %
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => Highway Access
                    [1] => Public School
                    [2] => Shopping
                    [3] => Park
                    [4] => Laundromat
                    [5] => Public Transportation
                    [6] => T-station
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3190] => Array
        (
            [field_id] => 3190
            [type] => feature
            [name] => ConstructionMaterials
            [values] => Array
                (
                    [0] => Brick
                    [1] => See Remarks
                )

)

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 10
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 10
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => Pro. Forma Available
                )

)

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Brick/Mortar,Other
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 10
        )

[field_3212] => Array
        (
            [field_id] => 3212
            [type] => select
            [name] => GarageYN
            [value] => 1
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 251940
            [unit_id] => 260
            [value] => $251,940
            [price_only] => $251,940
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 27/06/2024
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 16,313 Sqft
            [raw] => 16313
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 02/10/2024
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 104296
            [unit_id] => 260
            [value] => $104,296
            [price_only] => $104,296
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1950000
            [unit_id] => 260
            [value] => $1,950,000
            [price_only] => $1,950,000
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 02/10/2024
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 56-60 Fort Pleasant Ave, Springfield MA 01108
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 13200
            [unit_id] => 260
            [value] => $13,200
            [price_only] => $13,200
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Actual
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 28/06/2024 01:54:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 1
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 0
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 1
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 104296
            [unit_id] => 260
            [value] => $104,296
            [price_only] => $104,296
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 12950
            [unit_id] => 260
            [value] => $12,950
            [price_only] => $12,950
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Unknown
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 1
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN5521
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 104
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 2750
            [unit_id] => 260
            [value] => $2,750
            [price_only] => $2,750
        )

[field_3284] => Array
        (
            [field_id] => 3284
            [type] => number
            [name] => MLSPIN_OH_FLAG
            [value] => 0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 102.22
            [unit_id] => 260
            [value] => $102
            [price_only] => $102
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 2519
            [unit_id] => 260
            [value] => $2,519
            [price_only] => $2,519
        )

[field_3295] => Array
        (
            [field_id] => 3295
            [type] => select
            [name] => MLSPIN_WATERVIEW_FLAG
            [value] => No
        )

[field_3296] => Array
        (
            [field_id] => 3296
            [type] => select
            [name] => OpenParkingYN
            [value] => 1
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 1
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 1
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 20
        )

)

EXIT

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56-60 Fort Pleasant Ave Springfield. MA 01108

$1,900,000

General Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Interior Features for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Exterior Features for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Disclosures for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Financial Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Lifestyle Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Location information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Marketing History for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

Agent Information for 56-60 Fort Pleasant Ave, Springfield, Massachusetts 01108

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Exclusive Listing Agent

Raquel Medina

Lock and Key Realty Inc.