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.
Sold for $1,850,000 on 05/23/24
Street View
$1,850,000
102-106 Belmont Ave, Springfield, MA 01108
--beds
--baths
--sqft
SingleFamily
Built in 1924
-- sqft lot
$2,004,200 Zestimate®
$--/sqft
$2,451 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Bought with:
, RES.0813001,RS.1001001
Berkshire Hathaway HomeServices New England Properties
Source: BHHS NE Properties sold,MLS#: 73214028
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,004,200
2% more+$40,084
With Zillow Showcase(estimated)$2,044,284