$1,350,000
 $7,247 est/mo Sourced by Back At You

228 Belmont Ave,Springfield, MA 01108

Springfield, MA 01108

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Description

Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts, abundant natural light, and modernized kitchens and baths. Mechanical systems have been updated for efficiency and long-term durability, including newer heating, plumbing, and electrical improvements that support low-maintenance ownership. The exterior boasts professional management, secured entry, and dedicated off-street parking, with convenient enhancements such as coin-op laundry and private patios. Zoned for multifamily use, the property presents a scalable investment primed with recent MAJOR updates. This building is a must see to appreciate the long term addition to your portfolio!!

Details

MLS #73461145
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1915
Days On Site286
Listing Provided ByLock and Key Realty Inc. | Patriot Living Group

Features

Bed(s)24
Bath(s) 8 Total
SQ Feet13,410
BasementY
Story(s)5
Units8
ZoningR3
Acreage0.28

Interior

Rooms Total48
Window FeaturesInsulated Windows
Fireplaces Total1
Fireplace Yes / NoYes
FlooringHardwood

Exterior

RoofRubber
Construction MaterialsBrick
Foundation DetailsBrick/Mortar
Lot FeaturesLevel
FencingFenced/Enclosed, Fenced

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer
ElectricIndividually Metered

Taxes

Tax Annual Amount11004
Tax Assessed Value701800
Tax Year2025

Location

Community FeaturesPublic Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CitySpringfield
Zip Code01108
AreaForest Park
Sourced by Back At You

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Learn More About This Property

StateMA
CountyHampden
CitySpringfield
Zip Code01108
AreaForest Park
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.12M - $1.687M
sqft: 10,000 - 16,500
Nearby Listings Property ImageNearby Listings Details
15-19 Litchfield St Property Photo 1
$889,000
15-19 Litchfield St
Springfield, MA 01108
Listing Updated: August 28, 2026 at 3:36:53 PM PDT