Under contract

Price cut: $49K (5/12)

$1,350,000

228 Belmont Ave, Springfield, MA 01108

24beds

13,410sqft

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5-9 Family

Built in 1915

-- sqft lot

$-- Zestimate^®

$101/sqft

$-- HOA

What's special

Coin-op laundryGenerously sized living spacesSecured entryModernized kitchens and bathsPrivate patiosSpacious unitsDedicated off-street parking

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!!

196 days

294

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 8
Full bathrooms: 8

Features

Flooring: Hardwood
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Partially Finished,Walk-Out Access,Concrete,Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 13,410
Total interior livable area: 13,410 sqft
Finished area above ground: 13,410

Property

Parking

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

Features

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

Lot

Size: 0.28 Acres
Features: Level

Details

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

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Brick
Foundation: Brick/Mortar
Roof: Rubber

Condition

Year built: 1915

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Green energy

Indoor air quality: Integrated Pest Management

Community & HOA

Community

Features: Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks

Location

Region: Springfield

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $701,800
Annual tax amount: $11,004
Date on market: 12/15/2025
Listing terms: Contract
Total actual rent: 0

Estimated market value

Not available

Estimated sales range

Not available

$1,630/mo

Price history

Date	Event	Price
6/22/2026	Contingent	$1,350,000$101/sqft
Source: MLS PIN #73461145 Report a problem
5/12/2026	Price change	$1,350,000-3.5%$101/sqft
Source: MLS PIN #73461145 Report a problem
4/2/2026	Price change	$1,399,000-0.1%$104/sqft
Source: MLS PIN #73461145 Report a problem
1/29/2026	Listed for sale	$1,400,000$104/sqft
Source: MLS PIN #73461145 Report a problem
1/10/2026	Contingent	$1,400,000$104/sqft
Source: MLS PIN #73461145 Report a problem
12/31/2025	Price change	$1,400,000-6.7%$104/sqft
Source: MLS PIN #73461145 Report a problem
12/10/2025	Listed for sale	$1,500,000$112/sqft
Source: MLS PIN #73461145 Report a problem
6/7/2020	Listing removed	$1,125
Source: Go Section8 Report a problem
5/6/2020	Listed for rent	$1,125
Source: Go Section8 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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