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30-32 Montgomery St

Indian Orchard, Springfield, MA 01151
$550,000
12 Beds
4 Baths
6,186 Living Area
  • Property Description
    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.
  • Highlights
    • Area: Indian Orchard
    • Parking Spots: 4
    • Property Type: 4 Family - 4 Units Up/Down
    • Total Rooms: 24
    • Status: Closed
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1928
  • Additional Details
    • Basement: Full
    • Flooring: Wood, Tile, Vinyl, Carpet
    • Interior Features: Kitchen, Living RM/Dining RM Combo
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R2
    • Construction: Frame
    • Foundation: Brick/Mortar
    • Lot Features: Other
    • Roof: Rubber
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $387,300
    • Tax Year: 2025
    • Total Rent: $5,275
    • Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
    • Taxes: $6,073

Location

30-32 Montgomery St, Springfield, MA 01151

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Liriano Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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