Movoto Real Estate
Sold on 01/10/2025

45-47 Forest Park Ave, Springfield, MA 01101

  • $344,722

    Last sold 01/10/2025 for $330K

  • 2

    bed

  • 1

    bath

  • 2,240

    Sqft ($147/Sqft)

Multi-family not for sale
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About 45-47 Forest Park Ave

Property type Multi-family
Neighborhood
Year built 1988
HOA fee $0/month
Lot size 5,662 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This Charming Two-Family Home is nestled in the heart of a picturesque historic district, surrounded by stately, timeless residences in Springfield. Built in 1988 the property has long term tenants, whose rents are way below market value, freshly painted and carpeted interiors are just 2 years old, 1 furnace and both water heaters are brand new, each unit has a washer and dryer hook-up in the basement as well as their own private storage areas. They both have well-appointed living and dining areas, abundant natural light, 2 beds rooms and 1 bath and include all kitchen appliances. There is off street parking for 4 cars and a 2 car garage. The property on the left does have an easement right of way for parking. This two-family home is perfect for those seeking an investment opportunity or a place to live while generating rental income. With its unbeatable location and stellar condition, this property is a true gem. Open house Sunday, January 5th from 12-3. Don't miss this opportunity!
Listed by
Listing Agent - Linda Goff
Listing Office - Berkshire Hathaway Home Service New England Properties
Source: MLS Property Information Network, Inc. mls logo
MLS#73318655 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Cooling/AC None
Heating Natural Gas
Levels/Style 3, 3
MLS # 73318655
Type Residential Income
Status Closed
SubType 2 Family - 2 Units Up/Down
SqFt 2240
Lot Size (SqFt) 5662
Lot Size (Acres) 0.13
Annual Property Tax 4950
Year Built 1988
Interior
Total # of Bathrooms 1
# Full Baths 1
Total # of Bedrooms 2
Basement Bulkhead, Unfinished
Total # of Rooms 10
Laundry Electric Dryer Hookup, Washer Hookup
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Refrigerator
Interior Features Living Room, Kitchen
Exterior
Foundation Concrete Perimeter
Roof Shingle
Construction Frame
# Covered Spaces 2
Parking Desc Off Street, Paved
# Parking Spaces 4
# Garage Spaces 2
Patio/ Porch Porch
Lot Desc Level
Amenities / Utilities
Sewer Public Sewer
Utilities For Electric Range, for Electric Dryer, Washer Hookup
Electricity 110 Volts, Circuit Breakers
Water Source Public
Location
County Hampden
Zoning B-1
APN 2584978
Directions GPS
Multifamily Details
Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
Net Operating Income 27000
Total Actual Rent 2250
Gross Income 27000
Lot/ Land Details
Road Frontage Public
$344K
Range: $310K-$379K
Last 30 days 
Rental est.: $1,502/month
Gross rent multiplier: 18.3
  • Dec 2024
    mls logo MLS # 73318655
  • Dec 14, 2024 Listed
    $345,000
  • 45-47 Forest Park Ave
    $330K
  • Forest Park
    $334K +3% y/y
  • 01101
  • Springfield
    $309K +4% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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