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You are here:
Home Massachusetts Springfield Multi-Family Homes for Sale

228 Belmont Ave Springfield, MA 01108

$1,500,000
8 Unit
24 Beds
8 Baths
13410 SQFT
0.28 Acre
228 Belmont Ave
Springfield, MA 01108

Property Description

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

Building Information

  • Total Units: 8
  • Total Floors: 5
  • Total Bedrooms: 24
  • Total Full Baths: 8
  • Total Fireplaces: 1
  • Amenities: Highway Access, House of Worship, Public Transportation, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Partially Finished, Unfinished Basement, Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available

Utilities

  • Heat Zones: 9
  • Electric Info: Individually Metered
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes

Construction

  • Year Built: 1915
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73461145
  • Last Updated: 12/09/25
  • Terms: Contract for Deed, Rent w/Option

Mortgage Calculator

View Breakdown

Map & Resources

Springfield Realization Academy

Public Middle School, Grades: 6-8

0.28mi

Forest Park Middle School

Public Middle School, Grades: 6-8

0.28mi

Kensington International School

Public Elementary School, Grades: PK-5

0.44mi

Sumner Avenue School

Public Elementary School, Grades: PK-5

0.49mi

Springfield High School

Public Secondary School, Grades: 9-12

0.51mi

Liberty Preparatory Academy

Public Secondary School, Grades: 9-12

0.51mi

Veritas Preparatory Charter School

Charter School, Grades: 5-1

0.53mi

Elias Brookings School

Public School, Grades: K - 8

0.71mi

The Plaza Bar

Bar

1.14mi

TAP Sports Bar

Bar

1.18mi

Knox Bar

Bar

1.2mi

Commonwealth Bar and Lounge

Bar

1.22mi

White Lion Brewery

Bar

1.57mi

Smith's Billiards

Bar

1.63mi

Deweys

Bar

1.65mi

Starbucks

Coffee Shop

0.99mi

Dakin Humane Society

Animal Shelter

1.04mi

Mercy Medical Center

Hospital

2.15mi

Vibra Hospital of Western Massachusetts

Hospital

2.4mi

Springfield College Public Safety

Police

0.99mi

Springfield Police Metro Unit Substation

Police

1.31mi

Springfield Police Dept

Police

1.64mi

Hampden County Sheriff

Police

1.84mi

West Springfield Police Dept - Subst.

Local Police

2.06mi

State Police Springfield

State Police

2.34mi

The Zoo in Forest Park & Education Center

Zoo

0.77mi

Fuller Arts Center

Arts Centre

1.01mi

Karen Sprague Cultural Arts Center

Arts Centre

1.86mi

Regal MGM Springfield

Cinema

1.11mi

MassMutual Center Convention Center

1.34mi

Naismith Memorial Basketball Hall of Fame

Museum

0.87mi

George Walter Vincent Smith Art Museum

Museum

1.35mi

Michele & Donald D'Amour Museum of Fine Arts

Museum

1.39mi

Archie Allen Baseball Field - Ability Field

Sports Centre. Sports: Baseball

1.23mi

Picknelly Field

Sports Centre. Sports: Baseball

1.25mi

Appleton Tennis Courts

Sports Centre. Sports: Tennis

1.27mi

Blake Arena

Sports Centre. Sports: Basketball

1.32mi

James Naismith Court

Sports Centre. Sports: Basketball

1.33mi

MassMutual Center Ice Rink

Sports Centre. Sports: Ice Hockey, Basketball

1.34mi

Art Linkletter Natatorium

Sports Centre. Sports: Swimming

1.37mi

Stagg Field

Sports Centre. Sports: American Football

1.4mi

Entry Dingle

Municipal Park

1.4mi

Conservation Area

Municipal Park

1.73mi

Forest Park

Municipal Park

0.28mi

Stebbins Park

Municipal Park

0.38mi

Oakland St. Park

Municipal Park

0.43mi

Emerson Wight Park

Municipal Park

0.58mi

Ruth Elizabeth Park

Municipal Park

0.66mi

Harriet Tubman Park

Municipal Park

0.82mi

TAP Bowling & Arcade

Bowling Alley

1.16mi

Sprigfield Yacht & Canoe Club

Recreation Ground

0.99mi

Conservation Area

Recreation Ground

1.47mi

Connecticut River Frontage

Recreation Ground

1.57mi

Winchester Square

Recreation Ground

1.61mi

Agawam Sportsman Club

Recreation Ground

1.61mi

Conservation Area

Recreation Ground

1.83mi

Roady's Truck Stops

Gas Station

0.74mi

Sunoco

Gas Station

0.76mi

Forest Park Branch Springfield City Library

Library

0.3mi

Edward J. And Gena G. Hickox Library

Library

1.09mi

Babson Library

Library

1.19mi

Hampden Law Library

Library

1.3mi

Springfield City Library

Library

1.32mi

Springfield City Library

Library

1.42mi

Food Zone

Supermarket

0.21mi

Tower Square Mall

Mall

1.56mi

Walgreens

Pharmacy

0.59mi

Walgreens

Pharmacy

1.07mi

CVS Pharmacy

Pharmacy

1.55mi

Bob’s Discount Furniture

Furniture

1.61mi

Seller's Representative: Patriot Living Group, Lock and Key Realty Inc.
MLS ID#: 73461145

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-09 21:57:00