aisellshomes.space

$1,350,000

Active

228 Belmont Ave

Springfield, MA, 01108

Multi-Family · MLS #73461145

Price/sqft

$101

Days on market

New today

Year built

1915

Lot size

0.28 ac

13,410 sq ft

Sq Ft

0.28 acres

Lot

1915

Year Built

Taxes: $11,004 (2025)

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!!

Property details

Road type
Public, Dead End, Sidewalk
Basement
Full, Partially Finished, Walk Out, Concrete Floor, Unfinished Basement, Exterior Access
Electric
Individually Metered

Listed by Patriot Living Group · Lock and Key Realty Inc.

Schedule a showing

228 Belmont Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,306 / month

Down payment20% · $270,000
Interest rate6.50%

Loan term

Principal & interest
$6,826
Property tax
$917
Home insurance
$563

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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