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Sold on 08/07/2025

30-32 Montgomery St, Springfield, MA 01151

$486,000

Last sold 08/07/2025 for $550K

  • 12

    bed

  • 4

    bath

  • 6,186

    Sqft ($89/Sqft)

Multi-family not for sale
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About 30-32 Montgomery St

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
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.
Listed by
Listing Agent - Tanya Harvey Group
Listing Office - Keller Williams Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73363650 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 17 minutes ago
Overview
Levels/Style 4, 4
MLS # 73363650
Type Residential Income
Status Closed
SubType 4 Family - 4 Units Up/Down
SqFt 6186
Lot Size (SqFt) 11225
Lot Size (Acres) 0.26
Annual Property Tax 6073
Year Built 1928
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 12
Basement Full
Total # of Rooms 24
Flooring Wood, Tile, Vinyl, Carpet
Interior Features Kitchen, Living RM/Dining RM Combo
Exterior
Foundation Brick/Mortar
Roof Rubber
Construction Frame
Parking Desc Off Street
# Parking Spaces 4
Patio/ Porch Porch
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers
Water Source Public
Location
County Hampden
Elementary School Indian Orchard
Middle School Jfk
High School Central
Zoning R2
APN S:08795 P:0008, 2596358
Directions Main St To Montgomery
Multifamily Details
Rent Includes Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Net Operating Income 63300
Total Actual Rent 5275
Gross Income 63300
Lot/ Land Details
Road Frontage Public
$486K
Range: $413K-$558K
Last 30 days 
  • Sep 2025
    mls logo MLS # 73363650
  • Sep 26, 2025 Sold
    $550,000 (-8.3%)
  • Apr 23, 2025 Listed
    $600,000
  • Year Property taxes Tax assessment
  • 2025
    $6,073 -1.1%
    $387,300 +1.25%
  • 2024
    $6,143 +11.7%
    $382,500 +18.6%
  • 2023
    $5,499 +1.8%
    $322,500 +12.37%
  • 2022
    $5,401 +16.6%
    $287,000 +17.1%
  • 2021
    $4,632
    $245,100
  • 30-32 Montgomery St
    $550K
  • Indian Orchard
    $315K +8% y/y
  • 01151
    $350K
  • Springfield
    —
No chart available
Statistics calculated by Movoto

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3/10
Indian Orchard Elementary School
public Grades PK, K-5
Springfield School District
3/10
John F Kennedy Middle School
public Grades 6-8
Springfield School District
3/10
Springfield Central High School
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information 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 are for the personal, non commercial use of consumers having a good faith in 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 set forth herein.
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