Off Market
228 Belmont Ave, Springfield, MA
Springfield · MA 01108
- $1,400,000
- Price
- 24
- Beds
- 8
- Baths
- 13410
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
8 Units
Lot size:
0.28 Acre Lot
Price per square foot:
$104 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
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!!
Neighborhood & Transit
Forest Park
228 Belmont Ave, Springfield · MA 01108
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $1,400,000
- Price per Sq.Ft:
- $104
- Tax Assessment:
- $701,800 in 2025
- Taxes:
- $917 / Monthly
Home Facts
Interior Features
- Bedrooms
- 24
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 13,410 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 13410
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 12,349 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Patriot Living Group
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73461145
- Disclosure
- Tenants may have audio/visual recording devices. Showing for vacant unit only until inspections. Washer Dryer Coin Ops not included in on income. Fireplaces no longer operational. Reference attached document for income and expenses