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41-49 Belmont Ave, Springfield, MA

Springfield · MA 01108

$1,940,000
Price
32
Beds
22
Baths
22316
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 22 Units
Lot size: 0.27 Acre Lot
Price per square foot: $99 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

I am excited to introduce this tremendous investment opportunity in the heart of the historic Forest Park. The Property enjoys strong historical occupancy and has undergone renovations to most of the units leaving room for additional rent increases, already grossing over $258,000 annually the building offers a remarkable 22-unit property with a substantial 22,316 square feet of living space. 41-49 Belmont consists of a four-story brick building with 20 residential units comprised of 8 2-bedroom/1 bath units, 8 1-Bedroom/1-Bath units, 4 Studio units and a separate two-family with (2) 2 bedroom/ 1 bath units. updated hot water systems and 95% HTP condensing Hot water heater. The Property also offers a parking lot and an on site laundry facility. Residents will appreciate the convenience of nearby shops, restaurants, parks, and access to downtown Springfield, making it an ideal choice for small families and professionals. With Springfield's growth now is the time to stake your claim.

Neighborhood & Transit

41-49 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:
$2,199,000
Price per Sq.Ft:
$99
Tax Assessment:
$1,637,500 in 2024
Taxes:
$2,140 / Monthly

Home Facts

Interior Features

Bedrooms
32
Full Bathrooms
22
Half Bathrooms
0
Living Area
22,316 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
22316
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
11,687 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
David Thompson
Listing office
Stuart St James, Inc.
MLS PIN #
73422853