Sold

438 Belmont Ave, Springfield, MA

Springfield · MA 01108

$375,000
Price
8
Beds
4
Baths
3869
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1909
Units: 3 Units
Lot size: 6,434 Sq.Ft Lot
Price per square foot: $78 / Sq.Ft
Parking: 2 Garage Spaces · 6 Off Street Spaces

About this home

This incredible cash-flowing triplex on Belmont Ave in Springfield is close to everything, and is a great opportunity for a buy-and-hold investor, or an owner-occupant! First floor, which is a three-bedroom, two-bathroom unit, will be vacant at closing, and with several updates, a large backyard, a great garage for the new owner, and paying tenants, this is the property for you. Second floor is three-bedroom, two-bathroom unit, rented at $1875/month. Third floor is two-bedroom, one-bathroom unit, rented out for $825/month. Owner pays electric & electric heat for whole building ($750/month in summer months, $1800/month in winter months), for personal reasons. Age of the systems is mostly unknown, but all operational, and no systems need to be updated immediately (APO). Property will likely pass FHA & VA Financing Options.

Neighborhood & Transit

438 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:
1168 days
Listing Price:
$300,000
Price per Sq.Ft:
$78
Tax Assessment:
$187,700 in 2023
Taxes:
$267 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,869 Sq.Ft
Broker Disclosure about Living Area
3rd floor has no stove, just countertop range, only one point of egress, property is triplex in PR.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3869
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
6,434 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
The Generation Group
Listing office
Coldwell Banker Realty - Western MA
MLS PIN #
73151180
Disclosure
Property will likely pass FHA/VA Financing. Seller makes no representations about the property. Sold AS-IS.
Disclosure
3rd floor has no stove, just countertop range, only one point of egress, property is triplex in PR.