228 Belmont Ave, Springfield MA 01108

Springfield, MA 01108 • Forest Park
$1,500,000
Est. $8,702/month
24
Beds
8
Baths
13,410
Sq Ft
$112
Price/Sq Ft
0.28
Acres
1915
Year Built
16 minutes
Time on Market
Active Listed Dec 10, 2025 • MLS# 73461145 Copied!

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 Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1915
Bedrooms
24
Full Bathrooms
8
Living Area
13,410 sq ft
Total Rooms
48
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1915
Living Area 13,410 sq ft
Lot Size 0.28 acres
Bedrooms 24
Full Baths 8
Total Rooms 48

Interior

Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Concrete, Unfinished
Laundry None
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck - Wood, Patio

Parking

Features Off Street
Total Spaces 12

Utilities

Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $11,004
Assessed Value $701,800

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Brick/Mortar
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 9
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Frontage: 125.00 ft
Road Surface:

Parking & Garage

Total Parking Spaces: 12
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks

Location

Loading map...

Neighborhood

Forest Park

228 Belmont Ave, Springfield MA 01108

Springfield, MA 01108

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $917
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Dec 10, 2025
$1,500,000
Original listing
Agent: Patriot Living Group Office: Lock and Key Realty Inc.

Price & Status History

Date Event Price Change
Dec 10, 2025 New Listing Added $1,500,000

Market Statistics

Time on Market
16 minutes
Price per Sq Ft
$112

Tax History

Year Taxes Assessment
2025 $11,004 $701,800

Financial Details

Annual Property Tax
$11,004
Tax Year 2025
Assessed Value
$701,800

Listing Information

Listing Agent Patriot Living Group
Listing Office Lock and Key Realty Inc.
Agent MLS ID TM336290
Office MLS ID AN5521
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Springfield, MA

Real-time market trends and pricing data for this area

228 Belmont Ave, Springfield MA 01108 - Photo 1 228 Belmont Ave, Springfield MA 01108 - Photo 2 228 Belmont Ave, Springfield MA 01108 - Photo 3 228 Belmont Ave, Springfield MA 01108 - Photo 4 228 Belmont Ave, Springfield MA 01108 - Photo 5 228 Belmont Ave, Springfield MA 01108 - Photo 6 228 Belmont Ave, Springfield MA 01108 - Photo 7 228 Belmont Ave, Springfield MA 01108 - Photo 8 228 Belmont Ave, Springfield MA 01108 - Photo 9 228 Belmont Ave, Springfield MA 01108 - Photo 10 228 Belmont Ave, Springfield MA 01108 - Photo 11 228 Belmont Ave, Springfield MA 01108 - Photo 12 228 Belmont Ave, Springfield MA 01108 - Photo 13 228 Belmont Ave, Springfield MA 01108 - Photo 14 228 Belmont Ave, Springfield MA 01108 - Photo 15 228 Belmont Ave, Springfield MA 01108 - Photo 16 228 Belmont Ave, Springfield MA 01108 - Photo 17 228 Belmont Ave, Springfield MA 01108 - Photo 18 228 Belmont Ave, Springfield MA 01108 - Photo 19 228 Belmont Ave, Springfield MA 01108 - Photo 20 228 Belmont Ave, Springfield MA 01108 - Photo 21 228 Belmont Ave, Springfield MA 01108 - Photo 22 228 Belmont Ave, Springfield MA 01108 - Photo 23 228 Belmont Ave, Springfield MA 01108 - Photo 24 228 Belmont Ave, Springfield MA 01108 - Photo 25 228 Belmont Ave, Springfield MA 01108 - Photo 26 228 Belmont Ave, Springfield MA 01108 - Photo 27 228 Belmont Ave, Springfield MA 01108 - Photo 28 228 Belmont Ave, Springfield MA 01108 - Photo 29 228 Belmont Ave, Springfield MA 01108 - Photo 30 228 Belmont Ave, Springfield MA 01108 - Photo 31 228 Belmont Ave, Springfield MA 01108 - Photo 32 228 Belmont Ave, Springfield MA 01108 - Photo 33 228 Belmont Ave, Springfield MA 01108 - Photo 34 228 Belmont Ave, Springfield MA 01108 - Photo 35 228 Belmont Ave, Springfield MA 01108 - Photo 36 228 Belmont Ave, Springfield MA 01108 - Photo 37 228 Belmont Ave, Springfield MA 01108 - Photo 38 228 Belmont Ave, Springfield MA 01108 - Photo 39 228 Belmont Ave, Springfield MA 01108 - Photo 40 228 Belmont Ave, Springfield MA 01108 - Photo 41

Contact Agent

Schedule a Tour