Pending

$1,150,000

242 Fort Pleasant Ave, Springfield, MA 01108

15beds

12,540sqft

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5-9 Family

Built in 1906

-- sqft lot

$-- Zestimate^®

$92/sqft

$-- HOA

What's special

Gleaming hardwood floorsModernized bathroomsWalk-in closetsRenovated kitchensSpacious walk-in pantriesLuxury vinyl plank flooring

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.

44 days

233

13

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: $92/sqft
Tax assessed value: $541,400
Annual tax amount: $8,489
Date on market: 5/11/2026
Total actual rent: 12945

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
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.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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