242 Fort Pleasant Ave

Springfield, MA 01108

$1,150,000
Price
15
Beds
12,540 Sq. Ft.
$92 / Sq. Ft.
12,540
Sq. Ft.
$92
per Sq. Ft.
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Description

242 Fort Pleasant offers a rare opportunity to acquire a professionally managed eight-unit brick building in Forest Park Heights. Building was extensively updated in 2023 with major capital improvements completed, offering investors a turn-key, low-maintenance asset. Capital improvements include complete re-wiring of the property, including bringing circuit panels into individual units, full replacement of exterior meter box, & installation of 9 new hot water tanks. Complete replacement of all pipes...242 Fort Pleasant offers a rare opportunity to acquire a professionally managed eight-unit brick building in Forest Park Heights. Building was extensively updated in 2023 with major capital improvements completed, offering investors a turn-key, low-maintenance asset. Capital improvements include complete re-wiring of the property, including bringing circuit panels into individual units, full replacement of exterior meter box, & installation of 9 new hot water tanks. Complete replacement of all pipes in the building, including all new drainage throughout. Six of the eight units were thoughtfully reconfigured from one-bedroom to two-bedroom layouts to maximize rental income and overall functionality. The updated units feature gleaming hardwood floors, luxury vinyl plank flooring, renovated kitchens, and modernized bathrooms designed with both durability and tenant appeal in mind, while spacious walk-in pantries and walk-in closets provide the additional storage today’s renters value.
  1. Listed by Kathryn Daviau • Lock and Key Realty Inc.

Property Details for 242 Fort Pleasant Avenue

Town
Springfield
MLS Area
Forest Park
Area
MA-Springfield-Forest Park, MA-Springfield
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 05/15/2026 03:10 AM

Property Details for 242 Fort Pleasant Avenue

StatusActive
MLS #73516463
Days on Market22
Taxes$8,489 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1906
CountyHampden County
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Location

Listing Courtesy of Lock and Key Realty Inc., Kathryn Daviau
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Building Information for 242 Fort Pleasant Avenue

Stories5Residences8Year Built1906Building Size-Lot Size0.15 AC / 6,625 SF

Payment Calculator

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$6,438 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,731

Property Taxes

$707

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 242 Fort Pleasant Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Living Area: 12540.0
  • SqFt with Basement: No
  • Total Units: 8
  • Waterfront: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Disposal, Microwave, Refrigerator, Dishwasher
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Num of Baths: 8.0
  • Num of Full Baths: 8
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Hardwood
  • Interior Features: Pantry, Lead Certification Available, Walk-In Closet(s), Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Dining Room, Kitchen
  • Interior Features: Intercom
  • Other Equipment: Intercom
  • SpaYN: No
  • Window Features: Box/Bay/Bow Window(s)
Exterior Features
  • Construction: Brick
  • Exterior Features: Balcony/Deck
  • Exterior Features: Porch, Covered Patio/Deck
  • Lot Description: Corner Lot, Cleared, Level
  • Patio And Porch Features: Porch, Covered
  • Roof Material: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, 200+ Amp Service, Common, Individually Metered
  • Heating: Hot Water, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: HEAT AND GAS FOR RANGE INCLUDED,TENANT PAYS ELECTRIC. Agent related to seller. Buyer/buyer's agent to perform own and all due diligence. Sellers have never lived in the property. Unit 3L has not been tied into new drainage system,but new pipes are there. Some photos are virtually staged.
Tax Information
  • Tax ID: S:05300 P:0065,2585019
  • Assessments: $541,400
  • Book: 24919
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 15
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Levels: 5
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $155,340.00
  • NOI: $155,340.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,945.00

Property History for 242 Fort Pleasant Avenue

DateEvent & SourcePriceAppreciation
May 11, 2026

Listed (Active)

MLS PIN #73516463

$1,150,000—
DateEvent & SourcePrice
05/11/2026

Listed (Active)

MLS PIN #73516463

$1,150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Fort Pleasant Avenue

Taxable ValueLand$38,300Additions$503,100Total$541,400
Tax Record2025$8,489 ($707 / month)
Home Facts
Total Finished SqFt12,540 SqFtAbove Grade Finished SqFt12,540 SqFtStories4Lot Size6,625 SqFtStyleMulti-Family Res (5+ Units)Year Built1906ZoningR3CountyHAMPDENAPNSPRI S:05300 P:0065

Schools near 242 Fort Pleasant Avenue

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Sumner Avenue School
Public - PK to 5
Forest Park Middle School
Public - 6 to 8
High School of Science and Technology (Sci-Tech)
Public - 9 to 12
Putnam Vocational Technical High School
Public - 9 to 12
Rating
School
Distance
Sumner Avenue School
PublicPK to 5

Forest Park Middle School
Public6 to 8

High School of Science and Technology (Sci-Tech)
Public9 to 12

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 242 Fort Pleasant Avenue, Springfield, MA 01108

242 Fort Pleasant Avenue is a multi-family home for sale in Springfield, MA 01108. This property was listed for sale on May 11, 2026 by Lock and Key Realty Inc., it's currently listed at $1,150,000. This listing's school district is Springfield School District. Nearby schools include Sumner Avenue School, Forest Park Middle School and High School of Science and Technology (Sci-Tech). 242 Fort Pleasant Avenue is a 15-bed, 8-bath, 12,540 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lock and Key Realty Inc., Kathryn Daviau

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.