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228 Belmont Ave, Springfield, MA, 01108

24beds
8baths
13,410sqft
$1,350,000
$101price/sqft
$12,034/moest. monthly cost
$481,360/yrincome needed

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!!

Getting Around

82
WalkingVery Walkable
59
TransitGood Transit
52
BikeBikeable

Schools

3/10
Sumner Avenue SchoolGrades PK-50.5 mi
3/10
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Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Brick/Mortar
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Walk-Out Access,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 13,410

Interior Area

  • Total structure area: 13,410
  • Total interior livable area: 13,410 sqft

Property

Details

  • Parcel number: S:01235 P:0046,2573302
  • Zoning: R3
  • Foundation area: 2812

Features

  • Patio & porch: Deck - Wood,Patio
  • Fencing: Fenced/Enclosed,Fenced
  • Frontage length: 125.00

Lot

  • Lot size: 0.28 Acres
  • Features: Level

Parking

  • Total spaces: 12
  • Parking features: Off Street
  • Uncovered spaces: 12