Springfield, MA 01108,102-106 Belmont Ave
Springfield, MA 01108,102-106 Belmont Ave
Springfield, MA 01108,102-106 Belmont Ave
21
$1,850,000
$1,900,000
2.6%
Est.Price: ?

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10,018 Sqft Lot

102-106 Belmont Ave Springfield, MA 01108

Est. payment /mo
SOLD DATE : 05/23/2024

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,850,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73214028

Year Built 1924

Annual Tax Amount $24,467

Tax Year 2023

Lot Size 10,018 Sqft

Property Description

Don't miss this exceptional 20-unit investment opportunity exclusively offered by The Lisa Cozzi Team! Each unit features a comfortable 2-bedroom, 1-bathroom layout. This property offers the security of a Project-Based Investment through Wayfinders, with a waitlist demonstrating strong tenant demand. The program boasts a 25-year history of annual renewals and provides consistent rent increases of 4% each year. Constructed of sturdy brick, the building features semi-private entrances and a recently replaced roof (4 years old). For added peace of mind, 19 out of 20 units have lead certificates. Notably, one tenant has enjoyed their unit for over 25 years, highlighting the stability of the property.

Location

State MA

County Hampden

Zoning R3

Exterior

Utilities Available Public Water, Public Sewer

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Listed by Berkshire Hathaway Home Service New England Properties
Bought with Madeline Ceruti • Berkshire Hathaway Home Service New England Properties
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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