30-32 Montgomery St, Springfield MA 01151
About this home
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.
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Indian Orchard
30-32 Montgomery St, Springfield MA 01151
Springfield, MA 01151
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Property History
Property Timeline
Listed for Sale
Apr 23, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/23/2025 | 🏠Listed for Sale | $600,000 | - | - | Original listing |