38-40 Forest Park Ave Springfield, MA 01108
Forest Park NeighborhoodEstimated payment $3,182/month
Total Views
2,194
8
Beds
2
Baths
3,900
Sq Ft
$128
Price per Sq Ft
About This Home
The Best 2-family home available in Springfield is finally here! This beautifully remodeled property features two spacious apartments, each thoughtfully updated with modern finishes. Both units boast stunning kitchens with quartz countertops and quartz waterfall island, fully renovated bathrooms with custom-tiled baths, and elegant formal dining rooms. The first-floor unit offers an additional bonus family room, providing extra living space next to the main living room. A new roof and replacement windows throughout most of the home enhance durability and energy efficiency. The property also includes an unfinished attic and basement, offering potential for expansion or extra storage. With two driveways for ample off-street parking, this home is perfect for owner-occupants looking for rental income or investors seeking a turnkey property Perfect for AirBNB or Long Term Rental, Located Near Basketball Hall Of Fame, MGM Casino, Schools And Major Parks Schedule your showing today
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,662
Year Built
- Built in 1923
Lot Details
- 8,438 Sq Ft Lot
- Level Lot
Parking
- 8 Car Parking Spaces
Home Design
- Block Foundation
Interior Spaces
- 3,900 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Unfinished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Utilities
- 110 Volts
- 100 Amp Service
Community Details
- 2 Units
- Net Operating Income $60,000
Listing and Financial Details
- Assessor Parcel Number S:05280 P:0009,2584917
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,074 | $323,600 | $38,900 | $284,700 |
| 2024 | $4,662 | $290,300 | $38,900 | $251,400 |
| 2023 | $4,382 | $257,000 | $36,600 | $220,400 |
| 2022 | $4,161 | $221,100 | $34,300 | $186,800 |
| 2021 | $3,884 | $205,500 | $31,100 | $174,400 |
| 2020 | $3,697 | $189,300 | $31,100 | $158,200 |
| 2019 | $3,052 | $155,100 | $32,100 | $123,000 |
| 2018 | $3,100 | $157,500 | $32,100 | $125,400 |
| 2017 | $3,358 | $170,800 | $32,100 | $138,700 |
| 2016 | $3,136 | $159,500 | $32,100 | $127,400 |
| 2015 | $3,090 | $157,100 | $32,100 | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $499,992 | -- | $128 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $250,000 | None Available | |
| Foreclosure Deed | $250,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $185,000 | -- | |
| Deed | $185,000 | -- | |
| Deed | $142,500 | -- | |
| Deed | $142,500 | -- | |
| Deed | $68,500 | -- | |
| Deed | $68,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $331,250 | Purchase Money Mortgage | |
| Closed | $331,250 | Purchase Money Mortgage | |
| Previous Owner | $49,856 | No Value Available | |
| Previous Owner | $148,000 | Purchase Money Mortgage | |
| Previous Owner | $37,000 | No Value Available | |
| Previous Owner | $128,250 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Springfield, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73359669
APN: SPRI-005280-000000-000009
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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