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Three-Unit Residential Triplex

29-31 Wilmont Street, Springfield, MA 01108

For Sale
$449,900
Pending

Two apartments have month-to-month occupants, while the third is available for occupancy or rental.

Property Size3,876 SF
Days on Market21

Property Features for 29-31 Wilmont Street

General Information

Standard status Pending
Size 3,876 SF
Property subtype 3 Family - 3 Units Up/Down

Site & Location

Neighborhood Forest Park

Units

Multifamily Units 3
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Building Details

Year Built 1909
Stories 3
Listing Agency: Ashton Realty Group Inc.
Listed By: Stacy Ashton · License MA #9570852
Source: Lockandkeyre
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 6:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashton Realty Group Inc.

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Investment Insights

Based on property information with market context.

This 3,876-square-foot, three-story triplex was built in 1909 and contains six bedrooms across three apartments. Each unit has a living room, dining room, kitchen, and two bedrooms; hardwood flooring is present throughout. One apartment also includes office-like space. Improvements in recent years include porch work, knob-and-tube wiring removal, added insulation, some LVP flooring, and bathroom cosmetic updates.

Gas heat is remotely controlled by the landlord. The property has three electric meters and three hot water tanks. Two apartments are occupied under month-to-month leases, and the remaining unit is vacant for an owner’s use or rental.

Key Highlights

  • Three‑story triplex with 3,876 SF, built in 1909
  • Three apartments, each with two bedrooms, plus six bedrooms overall
  • Two occupied units on month‑to‑month leases; one unit is vacant

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

987
Businesses Nearby

Demographics for 01108, MA

27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Springfield, MA

$120 Jul
$130 Aug
$132 Sep
$132 Oct

Properties on Market for Triplexes in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments have month-to-month occupants, while the third is available for occupancy or rental.
Where is this triplex located?
The property is located at 29-31 Wilmont Street Springfield, MA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Three‑story triplex with 3,876 SF, built in 1909; Three apartments, each with two bedrooms, plus six bedrooms overall; Two occupied units on month‑to‑month leases; one unit is vacant
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