Presenting a great investment opportunity at 914-916 Belmont Ave, Springfield, MA. This mixed-use duplex, built in 1922, offers a total of 3,666 sq ft of space across two units. The first floor is currently an updated office space, perfect for commercial use, while the secon...
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Last Checked: June 8th, 2025 at 5:28am (Source: MLS PIN #73355288)
Gross Income: $39,600
Gross Expenses: $4,336
Net Income Calc: $35,264
CAP Rate: 8.93%
Annual Expenses for 914-916 Belmont Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$4,336/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,336.20
Annual Income & Unit Breakdown for 914-916 Belmont Ave, Springfield MA 01108
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$1,400
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,900
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 914-916 Belmont Ave, Springfield MA 01108
Listing ID73355288
Property TypeMulti Family
Price$395,000 ($160.05/SqFt)
StyleMulti Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,468 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking4
Garage Parking
Year Built1922
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningB1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 914-916 Belmont Ave, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$20,640
Total Net Income By Broker$20,640
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 914-916 Belmont Ave, Springfield MA 01108
Real Estate Taxes$4,336.20
Tax Year2024
Assessed Value$270,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$20,640
BostonRealEstate.com Gross Income
Total Net Income By Broker$20,640
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.93%
Location Information for 914-916 Belmont Ave, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 914-916 Belmont Ave, Springfield MA 01108