
30-32 Montgomery St Springfield, MA 01151
Estimated payment $3,703/month
Highlights
- Wood Flooring
- Porch
- Combination Dining and Living Room
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,073
Year Built
- Built in 1928
Home Design
- Quadruplex
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 6,186 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Schools
- Indian Orchard Elementary School
- Jfk Middle School
- Central High School
Additional Features
- Porch
- 0.26 Acre Lot
Community Details
- 4 Units
- Net Operating Income $63,300
Listing and Financial Details
- Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
- Assessor Parcel Number S:08795 P:0008,2596358
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Pending | -- | -- | -- |
07/21/2025 07/21/25 | For Sale | $600,000 | 0.0% | $97 / Sq Ft |
05/06/2025 05/06/25 | Pending | -- | -- | -- |
04/23/2025 04/23/25 | For Sale | $600,000 | -- | $97 / Sq Ft |
About the Listing Agent

Accomplished Real Estate Sales Specialist with a proven sales track record. As a full time Realtor I am very flexible and consistently accommodate my clients schedule. I am very sociable and generate business through networking and repeat referral. I am very successful in closing transactions, working with owners and developing long term relationships with clients. I am self motivated, a creative thinker, effective communicator, strong negotiator and problem solver who builds teamwork and
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MLS Number: 73363650

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