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  • Bedroom
  • Bath
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281-285 Belmont Ave, Springfield, MA 01108

  • $850,000

  • bed

  • bath

  • 8,000

    Sqft ($106/Sqft)

Multi-family for sale 8 hours
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About 281-285 Belmont Ave

Property type Multi-family
Neighborhood
Year built 1990
HOA fee $0/month
Lot size 5,929 Sqft
Movoto estimate
Rental estimate
Property description
Mixed-use investment opportunity at 281 Belmont St! This versatile property features four residential units plus two storefronts, offering multiple streams of potential rental income. Two residential units are currently vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to place new tenants and maximize rental income. The remaining units provide additional income potential, while the storefronts offer valuable commercial space and added flexibility. Lead certificates are available. Whether you're looking to expand your portfolio, house hack, or add a property with both residential and commercial income potential, this is an opportunity worth seeing!
Listed by
Listing Agent - Sheila Perez
Listing Office - Naples Realty Group
Source: MLS Property Information Network, Inc. mls logo
MLS#73566022 • last updated 8 hours ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
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Overview
Levels/Style 5, 5
MLS # 73566022
Type Residential Income
Status Active
SubType 4 Family
SqFt 8000
Lot Size (SqFt) 5929
Lot Size (Acres) 0.14
Annual Property Tax 8285.31
Year Built 1990
Interior
Total # of Rooms 15
Flooring Wood, Vinyl
Exterior
Foundation Block
Construction Frame
Parking Desc Paved Drive, Paved
# Parking Spaces 4
Exterior Features Rain Gutters, Sprinkler System
Patio/ Porch Porch
Amenities / Utilities
Sewer Public Sewer
Utilities Varies Per Unit
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
Zoning B1
APN S:01235 P:0323, 2573451
Directions Please Use GPS
Multifamily Details
Net Operating Income 64500
Total Actual Rent 3575
Gross Income 64500
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
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  • 281-285 Belmont Ave

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