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.
For sale
$1,500,000
228 Belmont Ave, Springfield, MA 01108
24beds
13,410sqft
Est.:
5-9 Family
Built in 1915
-- sqft lot
$1,472,300 Zestimate®
$112/sqft
$-- HOA
What's special
Coin-op laundryGenerously sized living spacesSecured entryModernized kitchens and bathsPrivate patiosSpacious unitsDedicated off-street parking
- 6 days |
- 363 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 13, 2025 at 12:07am
Listed by:
Patriot Living Group 413-271-7511,
Lock and Key Realty Inc. 413-282-8080,
Stacey Silvia 774-226-0988
Source: MLS PIN,MLS#: 73461145
Tour with a local agent
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: $112/sqft
- Tax assessed value: $701,800
- Annual tax amount: $11,004
- Date on market: 12/9/2025
- Listing terms: Contract
- Total actual rent: 0
Estimated market value
$1,472,300
$1.40M - $1.55M
$1,754/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$9,966/mo
Principal & interest
$7641
Property taxes
$1800
Home insurance
$525
Climate risks
Neighborhood: Forest Park
Nearby schools
GreatSchools rating
- 6/10Sumner Avenue SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Forest Park Middle SchoolGrades: 6-8Distance: 0.4 mi
- NALiberty Preparatory AcademyGrades: 9-12Distance: 0.5 mi
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