Overview Property Details Payment Calculator Walkability

Pending

891 Belmont Ave, Springfield MA 01108

$399,900

Estimated $1,083.94/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,950

Total Rent: 48000/year

Estimated CAP Rate: 10.70%

8 Bedrooms

3 Full Baths

3,221 SqFt

Total Parking: 2

5,510 SqFt

Great INVESTMENT Opportunity! Come tour this large 2 family home locate in Forest Park with plenty of living space. The first floor has 3 bedrooms and 1 bathroom. The 2nd floor has 5 bedrooms and a kitchen and dining room as well as a additional sitting room on 3rd for addi...

This home has been viewed 38 times

Last Checked: May 24th, 2025 at 4:28am (Source: MLS PIN #73356124)

Gross Income: $48,000

Gross Expenses: $5,226

Net Income Calc: $42,774

CAP Rate: 10.70%

Annual Expenses for 891 Belmont Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$5,226/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,226

Annual Income & Unit Breakdown for 891 Belmont Ave, Springfield MA 01108

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$1,750

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,250

LeaseN

Bedrooms5

Bathrooms5 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 891 Belmont Ave, Springfield MA 01108

Listing ID73356124

Property TypeMulti Family

Price$399,900 ($124.15/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,221 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking2

Garage Parking

Year Built1911

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area0

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 891 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$21,000

Total Net Income By Broker$21,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 891 Belmont Ave, Springfield MA 01108

Real Estate Taxes$5,226

Tax Year2024

Assessed Value$325,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.70%

Location Information for 891 Belmont Ave, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 891 Belmont Ave, Springfield MA 01108

Agent

Name: Carol E. Smith

MLS ID: BB809084

Office ID: AC1163

National Association ID: 452504385

Address: 62 Mapledell Street

City: Springfield

State: MA

Zip: 01109

Office

Name: Home Equity Assets Realty, LLC

MLS Office ID: AC1163

Phone: 413-328-0799

Payment Calculator

$2,899.56 per month

30 Years Fixed, 6.75% Interest

Property Taxes $435.50

Principal & Interest $2,464.06

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Equity Assets Realty, LLC

Carol E. Smith

Agent Phone

Office Phone

(413) 328-0799

Text Agent Call Agent Call Office

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EXIT