742 Belmont Ave, Springfield, MA 01108
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$545,000
4 Unit
11 Beds
5 Baths
5518 SQFT
0.12 Acre

Property Description

This Forest Park 4 family property has 3 bedroom and 1 bath in 3 of the units and 1 unit with 1 bedrooms and 1 bath with an "in-law space that has a full bath, kitchenette and bedroom. In many ways it's a 5-unit property. 2 of the tenants have been settled in for over 15 years, the other 2 over 5 years. This property cash flows well with opportunity for increases. Owner has a real estate license in MA.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 5
  • Basement Features: Concrete Floor, Unfinished Basement
  • Common Heating: Central Heat, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 85200
  • Net Operating Income: 85200

Utilities

  • Heat Zones: 4
  • Electric Info: 220 Volts, At Street
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes

Unit 4 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: Yes

Construction

  • Year Built: 1922
  • Type: 4 Family
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73426886
  • Last Updated: 11/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/03/2025Contingent$545,000$99MLSPIN
09/09/2025Active$545,000$99MLSPIN
09/05/2025New$545,000$99MLSPIN

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Seller's Representative: Derek Eisenberg, Continental Real Estate Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-03 12:17:00

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