This incredible cash-flowing triplex on Belmont Ave in Springfield is close to everything, and is a great opportunity for a buy-and-hold investor, or an owner-occupant! First floor, which is a three-bedroom, two-bathroom unit, will be vacant at closing, and with several updates, a large backyard, a great garage for the new owner, and paying tenants, this is the property for you. Second floor is three-bedroom, two-bathroom unit, rented at $1875/month. Third floor is two-bedroom, one-bathroom unit, rented out for $825/month. Owner pays electric & electric heat for whole building ($750/month in summer months, $1800/month in winter months), for personal reasons. Age of the systems is mostly unknown, but all operational, and no systems need to be updated immediately (APO). Property will likely pass FHA & VA Financing Options.
Sold for $375,000
$375,000
438 Belmont Ave, Springfield, MA 01108
8beds
3,869sqft
3 Family
Built in 1909
-- sqft lot
$494,500 Zestimate®
$97/sqft
$1,850 Estimated rent
Home value
$494,500
$460,000 - $529,000
$1,850/mo
Zestimate® history
Owner options
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$2,470/mo
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Great garageLarge backyard
Zillow last checked:
Listing updated:
Listed by:
The Generation Group 413-264-6609,
Coldwell Banker Realty - Western MA 413-567-8931,
Jack Watson 508-237-6647
Bought with:
Silverio Estates Group
Century 21 North East
Source: MLS PIN,MLS#: 73151180
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- None
Appliances
- Included: Range, Microwave, Refrigerator, Washer, Dryer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Living Room, Kitchen
- Flooring: Wood, Vinyl
- Basement: Full,Interior Entry,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 3,869
- Total interior livable area: 3,869 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Exterior features: Rain Gutters, Other
- Fencing: Fenced/Enclosed
Lot
- Size: 6,434 Square Feet
- Features: Level
Details
- Parcel number: S:01235 P:0089,2573323
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Block, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1909
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $187,700
- Annual tax amount: $3,200
- Date on market: 1/5/2026
- Exclusions: Trampoline (Included).
- Total actual rent: 2800
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2023 | Sold | $375,000+25%$97/sqft |
Source: MLS PIN #73151180 Report a problem | ||
| 8/30/2023 | Contingent | $300,000$78/sqft |
Source: MLS PIN #73151180 Report a problem | ||
| 8/22/2023 | Listed for sale | $300,000+57.9%$78/sqft |
Source: MLS PIN #73151180 Report a problem | ||
| 6/2/2020 | Sold | $190,000+26.7%$49/sqft |
Source: Public Record Report a problem | ||
| 2/18/2020 | Listing removed | $149,999$39/sqft |
Source: Lock and Key Realty Inc. #72590923 Report a problem | ||
| 1/16/2020 | Listed for sale | $149,999$39/sqft |
Source: Lock and Key Realty Inc. #72590923 Report a problem | ||
| 1/16/2020 | Pending sale | $149,999$39/sqft |
Source: Lock and Key Realty Inc. #72590923 Report a problem | ||
| 11/11/2019 | Listed for sale | $149,999+29.3%$39/sqft |
Source: Lock and Key Realty Inc. #72590923 Report a problem | ||
| 10/16/2019 | Sold | $116,000-38.9%$30/sqft |
Source: Public Record Report a problem | ||
| 3/22/2019 | Listing removed | $189,900$49/sqft |
Source: Olde New England Realty #72467871 Report a problem | ||
| 3/20/2019 | Listed for sale | $189,900+63%$49/sqft |
Source: Olde New England Realty #72467871 Report a problem | ||
| 7/5/2005 | Sold | $116,500+29.6%$30/sqft |
Source: Public Record Report a problem | ||
| 9/8/2000 | Sold | $89,900$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,537 +45.2% | $416,900 +48.7% |
| 2024 | $4,502 +40.7% | $280,300 +49.3% |
| 2023 | $3,200 -15% | $187,700 -6.2% |
| 2022 | $3,764 +7.4% | $200,000 +7.8% |
| 2021 | $3,506 -0.7% | $185,500 -6.4% |
| 2020 | $3,530 -5.4% | $198,100 +4.4% |
| 2019 | $3,733 -1.8% | $189,700 -1.8% |
| 2018 | $3,802 +48.6% | $193,200 +48.5% |
| 2017 | $2,558 +6.5% | $130,100 +6.5% |
| 2016 | $2,402 -6.6% | $122,200 -6.5% |
| 2015 | $2,571 -2.1% | $130,700 -2% |
| 2014 | $2,627 +7.3% | $133,300 +7.3% |
| 2013 | $2,448 -1% | $124,200 -0.4% |
| 2012 | $2,473 -6.9% | $124,700 -8.5% |
| 2011 | $2,656 -7.6% | $136,300 -7.6% |
| 2010 | $2,876 +28.2% | $147,500 +17.6% |
| 2009 | $2,243 +6.1% | $125,400 -4.9% |
| 2008 | $2,114 +3.7% | $131,900 +3.8% |
| 2007 | $2,039 -4.3% | $127,100 +1.4% |
| 2006 | $2,130 +14.5% | $125,300 +18% |
| 2005 | $1,860 -23.3% | $106,200 -16.8% |
| 2004 | $2,425 +10% | $127,700 +12.4% |
| 2003 | $2,205 +1.2% | $113,600 +3.6% |
| 2002 | $2,179 | $109,600 |
Find assessor info on the county website
Neighborhood: Forest Park
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Nearby schools
GreatSchools rating
- 3/10Sumner Avenue SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Forest Park Middle SchoolGrades: 6-8Distance: 0.1 mi
- NASpringfield High SchoolGrades: 9-12Distance: 0.2 mi
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- Massachusetts
- Hampden County
- Springfield
- 01108
- Forest Park
- 438 Belmont Ave
