Home Homes for Sale 281-285 Belmont Ave, Springfield MA 01108
Price cut: $50K

$799,900
$100/sqft · Springfield, MA
StudioBeds
–Baths
8,000Sqft
0.14 acresLot Size
281-285 Belmont Ave, Springfield MA 01108
Active Listed 43 days ago
4 Family Built in 1990 0.14 Acre Lot 4 Parking Spaces

What's Special

4 FamilyBuilt in 19904 Parking SpacesPrice Reduced

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!

Location

Property Details

Core Details

Property Type4 Family
Year Built1990
Parcel NumberS:01235 P:0323,2573451
ZoningB1
Stories5
MLS #73566022

Space & Sizing

Living Area8,000 sqft
Above Grade8,000 sqft
Total Rooms15
BedroomsStudio
Lot Size0.14 acres

Features & Systems

Parking4 Parking Spaces
Open Parking4
ConstructionFrame
FoundationBlock
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Community Features
Highway Access Laundromat Park Public School Public Transportation Shopping
Exterior Features
Rain Gutters Sprinkler System
Flooring
Vinyl Wood
Levels
5
Lead Paint
Certified Treated Unknown
Parking Features
Paved Paved Drive
Patio And Porch Features
Porch
Road Surface Type
Paved
Utilities
Varies per Unit

Additional Information

Disclosures: 4 Residential Units and 2 store fronts. Please see attached info for rents. Restaurant can be delivered vacant if needed. Two residential units can be rented for 1800-1900.

Directions: Please use GPS

Financial Details

Annual Taxes$8,285 (2025)
Assessed Value$528,400
Gross Income$64,500
Net Operating Income$64,500
Tax Book Number20559
Listed on Aug 20, 2026 Updated Oct 2, 2026 7:06 AM Hampden County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73566022

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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