281-285 Belmont Ave, Springfield MA 01108
Springfield, MA 01108
$850,000
Est. $5,189/month
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About this home
Mixed-use investment opportunity at 281 Belmont St! This versatile property features four residential units plus two storefronts, offering multiple streams of potential rental income. Two residential units are currently vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to place new tenants and maximize rental income. The remaining units provide additional income potential, while the storefronts offer valuable commercial space and added flexibility. Lead certificates are available. Whether you're looking to expand your portfolio, house hack, or add a property with both residential and commercial income potential, this is an opportunity worth seeing!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 20, 2026
$850,000
Original listing
Agent: Sheila Perez
Office: Naples Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/20/2026 | 🏠 Listed for Sale | $850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,285 | $528,400 |
Financial Details
Annual Property Tax
$8,285
Tax Year 2025
Assessed Value
$528,400
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1990
Living Area
8,000 sq ft
Lot Size
0.14 acres
Stories
5
Total Rooms
15
Investment Metrics
Units
6
Unit 1 Rent
$1,275/mo · Y
Unit 2 Rent
$1,000/mo · Y
Unit 3 Rent
$1,300/mo · N
Total Monthly Rent
$3,575/mo
Gross Income
$64,500
Net Operating Income
$64,500
Cap Rate
7.59%
Interior
Heating
None
Cooling
None
Flooring
Wood, Vinyl
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
Rain Gutters, Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Paved
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
Varies Per Unit
Financial
Annual Tax
$8,285
Assessed Value
$528,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated, Unknown
Seller Disclosures
4 Residential Units And 2 Store Fronts. Please See Attached Info For Rents. Restaurant Can Be Delivered Vacant If Needed. Two Residential Units Can Be Rented For 1800-1900.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Hampden
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1990
Living Area
8,000 sq ft
Total Rooms
15
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,000 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1990
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Block
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters, Sprinkler System
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Paved
Nearby Schools
School District
Springfield School District local
D
Where Graduates Go
Class of 2021
36%
attend college
20%
4-Year
16%
2-Year
3%
Out of State
3%
Working
School Safety
2024-25
5.9%
Above Average
5.1%
Suspensions
1.4%
In-School
0.8%
Emergency
0.4% above state avg
Elementary Schools
10 schools
B+
Veritas Preparatory Charter School
0.6 mi
|
#10 of 25
|
Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students
Moderate
Early College Program
Rising School
Grades 05-12
Your Educational Success Academy
1.3 mi
Grades K-12
St. Michael's Academy
1.5 mi
Grades PK-08
D
The Springfield Virtual School
1.8 mi
|
#330 of 346
|
Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students
Moderate
College Ready Curriculum
Grades PK-12
A
Alfred G. Zanetti Montessori Magnet School
2.5 mi
|
#3 of 16
|
Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students
Diverse
Rising School
Grades PK-08
Pioneer Valley Christian Academy
2.8 mi
Grades PK-12
Academy Hill School
3.4 mi
Grades PK-08
A+
Springfield Preparatory Charter School
3.6 mi
|
#2 of 16
|
Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students
Moderate
Rising School
Grades K-08
Pioneer Valley Montessori School
3.8 mi
Grades PK-06
Grace Academy
3.9 mi
Grades K-12
Middle Schools
10 schools
C
John J. Duggan Middle School
2.8 mi
|
#266 of 346
|
Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
F
Forest Park Middle School
0.2 mi
|
#343 of 352
|
Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students
Diverse
Grades 06-08
Springfield Commonwealth Academy
0.8 mi
Grades 06-08
F
South End Middle School
1.0 mi
|
#350 of 352
|
Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students
Moderate
Grades 06-08
C+
STEM Middle Academy
2.3 mi
|
#12 of 16
|
Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students
Diverse
Rising School
Grades 06-08
Springfield Middle School
3.0 mi
18 students
Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
3.0 mi
|
#352 of 352
|
Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students
Diverse
Grades 06-08
D
Springfield Legacy Academy
3.0 mi
|
#16 of 16
|
Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students
Less Diverse
Rising School
Grades 06-08
C-
Impact Prep at Chestnut
3.0 mi
|
#14 of 16
|
Score: 23.5
Improved 349 spots from last year
-34.7 below state avg
278 students
Moderate
Rising School
Grades 06-08
B
Chestnut Accelerated Middle School (Talented and Gifted)
3.0 mi
|
#164 of 352
|
Score: 43.2
Dropped 11 spots from last year
-15 below state avg
265 students
Diverse
Strong Attendance
Grades 06-08
High Schools
10 schools
C
Emergence Academy
1.4 mi
|
#21 of 25
|
Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students
Diverse
Rising School
Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
1.4 mi
|
#303 of 346
|
Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students
Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
1.7 mi
|
#292 of 346
|
Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students
Moderate
7 sports
• 134 athletes
Rising School
Strong Attendance
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
3.1 mi
|
#274 of 346
|
Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students
Diverse
High Graduation Rate
College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
3.4 mi
|
#314 of 346
|
Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students
Moderate
Rising School
College Ready Curriculum
Grades 06-12
C-
High School of Commerce
1.4 mi
|
#286 of 346
|
Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students
Moderate
11 sports
• 554 athletes
Early College Program
College Ready Curriculum
Grades 09-12
Pope Francis Preparatory School
1.5 mi
18 sports
• 1,124 athletes
Strong Athletics
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.7 mi
|
#340 of 346
|
Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students
Moderate
College Ready Curriculum
Grades 09-12
B+
Gateway to College at Springfield Technical Community College
1.7 mi
|
#123 of 346
|
Score: 74.4
Same rank as last year
25 students
Moderate
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.2 mi
|
#338 of 346
|
Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students
Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Property Tax
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Homeowners Insurance
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95% Interest
Year 15
50/50
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Location
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Neighborhood
281-285 Belmont Ave, Springfield MA 01108
Springfield, MA 01108
Listing Information
Listing Agent
Sheila Perez
Listing Office
Naples Realty Group
Office Phone
413-650-1314
Agent MLS ID
CN229943
Office MLS ID
AN6415
Listing Data Updated
Aug 20, 2026 8:09 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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