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501 Belmont Ave

Springfield, MA 01108
  • $390,000
  • STATUS: Contingent
  • MLS #: 73283728
Under Contract
UPDATED: 39 min ago
$390,000
  • 7
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,122
    SQFT
  • $125
    $/SQFT
Type:
Multi-Family
Built:
1899
County:

School Information

Middle School:
High School:
Listing courtesy of Raquel Medina of Lock and Key Realty Inc..

Description

This impressive 3-family home in Forest Park, known as "The X," offers a prime location near shops, schools, churches, and the 736-acre Forest Park. Easy access to I-91, I-291, and the MA Pike enhances convenience. The property boasts stately curb appeal with a grand pillared entrance. The first-floor unit is spacious with high ceilings, updated kitchen and bath, gas forced air heat, central air, and is zoned for commercial use. The second-floor unit is vacant and ready for occupancy, while the third-floor unit is a spacious studio unit with separated utilities. With two vacant units and one long-term tenant eager to stay, this property is an excellent investment opportunity. Off-street parking adds to its appeal. Don't miss out!

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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 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. Data last updated 2024-09-13T19:04:34.863.
www.edgepropertysearch.com/homes/154554300
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501 Belmont Ave Springfield, MA 01108

  • Price: $390,000
  • Status: Contingent
  • On Site: Days
  • Updated: 39 min ago
  • MLS #: 73283728
7
Beds
3
Baths
0
½ Baths
0.14
Acres
3,122
SQFT
$125
$/SQFT
1899
Built
County:
Hampden
Middle School:
Forest Park
High School:
Commerce
Property Description
This impressive 3-family home in Forest Park, known as "The X," offers a prime location near shops, schools, churches, and the 736-acre Forest Park. Easy access to I-91, I-291, and the MA Pike enhances convenience. The property boasts stately curb appeal with a grand pillared entrance. The first-floor unit is spacious with high ceilings, updated kitchen and bath, gas forced air heat, central air, and is zoned for commercial use. The second-floor unit is vacant and ready for occupancy, while the third-floor unit is a spacious studio unit with separated utilities. With two vacant units and one long-term tenant eager to stay, this property is an excellent investment opportunity. Off-street parking adds to its appeal. Don't miss out!
Exterior Features

Construction Materials FrameStone Covered Spaces 0 Exterior Features Balcony Fencing Fenced/Enclosed Garage YN No Open Parking YN Yes Parking Features Paved DriveShared DrivewayOff StreetOn StreetAssignedPaved Parking Total 5 Patio And Porch Features Porch Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances RangeRefrigerator Basement Full Building Area Total 3122 Cooling Units 0 Cooling Zones 0 Fireplace YN No Fireplaces Total 0 Flooring WoodVinyl Foundation Details Concrete Perimeter Heat Units 2 Heat Zones 2 Heating Natural Gas Heating YN Yes Interior Features Living RoomDining RoomKitchenLaundry Room Lead Paint Unknown Rooms Total 13 Window Features Insulated Windows

Property Features

Community Features Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsLaundromatBike PathHighway AccessHouse of WorshipPublic SchoolUniversity Contingency Attorney Review Disclosures To be sold As is. Second floor painting is needed. Peeling paint on exterior of home. Electric Expense 0 Exclusions First Floor Unit Washer And Dryer Belong To The Tenant Gross Income 48000 Gross Scheduled Income 0 Home Warranty YN No Listing Terms Contract Net Operating Income 36000 Property Sub Type 3 Family - 3 Units Up/Down Rent Includes Unit 1(Hot Water)Unit 2(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 3512 Tax Year 2023 Total Actual Rent 1200 Utilities for Gas Range Water Source Public Year Built Details Actual Zoning B1

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Raquel Medina of Lock and Key Realty Inc.: 413-282-8080.


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 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. Data last updated 2024-09-13T19:04:34.863.
 
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Edge Realty RI
1007 Boston Neck Road
Narragansett RI, 02882
Listing courtesy of Raquel Medina of Lock and Key Realty Inc..