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228 Belmont Ave, Springfield, MA 01108

$1,399,000
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Active
BEDS24 BATHS8 full SQUARE FEET13,410 MLS#73461145
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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!!

228 Belmont Ave | MLS# 73461145

This multi-family property located at 228 Belmont Ave, Springfield, MA 01108 is currently listed for sale with an asking price of $1,399,000. Search Springfield real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Walk-Out Access, Concrete, Unfinished
Fenced: Yes
Fireplaces: 1
Lot Size: 0.28 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $11,004
Year Built: 1915

Feature Descriptions

Building Area Total: 13410
Community Features: Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 130
Door Features: Insulated Doors
Dwelling Type: 5-9 Family
Electric: Individually Metered
Exterior: Brick
Fencing: Fenced/Enclosed, Fenced
Fireplace Y/N: Yes
Flooring: Hardwood
Frontage: 125.00
Lot Features: Level
Parcel Number: S:01235 P:0046,2573302
Parking Features: Off Street
Parking Total: 12
Patio And Porch: Deck - Wood, Patio
Rooms Total: 48
Sewer: Public Sewer
Units: 8
Utilities: for Gas Range
Water: Public
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Patriot Living Group

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Estimated Payment

$ 4,438.61 per month $3,113.57 Principal & Interest $917.00 Property Tax $408.04 Homeowner's Insurance

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