242 Fort Pleasant offers a rare opportunity to acquire a professionally managed eight-unit brick building in Forest Park Heights. Building was extensively updated in 2023 with major capital improvements completed, offering investors a turn-key, low-maintenance asset. Capital improvements include complete re-wiring of the property, including bringing circuit panels into individual units, full replacement of exterior meter box, & installation of 9 new hot water tanks. Complete replacement of all pipes in the building, including all new drainage throughout. Six of the eight units were thoughtfully reconfigured from one-bedroom to two-bedroom layouts to maximize rental income and overall functionality. The updated units feature gleaming hardwood floors, luxury vinyl plank flooring, renovated kitchens, and modernized bathrooms designed with both durability and tenant appeal in mind, while spacious walk-in pantries and walk-in closets provide the additional storage today’s renters value.
Sold for $1,100,000
$1,100,000
242 Fort Pleasant Ave, Springfield, MA 01108
15beds
12,540sqft
5-9 Family
Built in 1906
-- sqft lot
$-- Zestimate®
$88/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Gleaming hardwood floorsModernized bathroomsWalk-in closetsRenovated kitchensSpacious walk-in pantriesLuxury vinyl plank flooring
Zillow last checked:
Listing updated:
Listed by:
Kathryn Daviau 413-244-8063,
Lock and Key Realty Inc. 413-282-8080
Bought with:
Krishna Kharel
Christine Santaniello Realty
Source: MLS PIN,MLS#: 73516463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Range, Disposal, Microwave, Refrigerator, Dishwasher
Features
- Pantry, Lead Certification Available, Walk-In Closet(s), Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Dining Room, Kitchen
- Flooring: Vinyl, Hardwood
- Windows: Box/Bay/Bow Window(s)
- Basement: Full,Interior Entry,Bulkhead,Concrete
- Has fireplace: No
Interior area
- Total structure area: 12,540
- Total interior livable area: 12,540 sqft
- Finished area above ground: 12,540
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 2
Features
- Patio & porch: Porch, Covered
- Exterior features: Balcony/Deck
Lot
- Size: 6,625 Square Feet
- Features: Corner Lot, Cleared, Level
Details
- Parcel number: S:05300 P:0065,2585019
- Zoning: R3
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Other
Condition
- Year built: 1906
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Common, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $541,400
- Annual tax amount: $8,489
- Date on market: 6/14/2026
- Total actual rent: 12945
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Sold | $1,100,000-4.3%$88/sqft |
Source: MLS PIN #73516463 Report a problem | ||
| 6/17/2026 | Pending sale | $1,150,000$92/sqft |
Source: MLS PIN #73516463 Report a problem | ||
| 6/3/2026 | Contingent | $1,150,000$92/sqft |
Source: MLS PIN #73516463 Report a problem | ||
| 5/12/2026 | Listed for sale | $1,150,000$92/sqft |
Source: MLS PIN #73516463 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Forest Park
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Nearby schools
GreatSchools rating
- 3/10Sumner Avenue SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Forest Park Middle SchoolGrades: 6-8Distance: 0.5 mi
- NASpringfield High SchoolGrades: 9-12Distance: 0.8 mi
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- Massachusetts
- Hampden County
- Springfield
- 01108
- Forest Park
- 242 Fort Pleasant Ave
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