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914-916 Belmont Ave, Springfield MA 01108

$340,000

Estimated $917.96/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $170,000

Total Rent: 39600/year

Estimated CAP Rate: 10.35%

2 Bedrooms

1 Full, 1 Half Baths

2,468 SqFt

Total Parking: 4

5,763 SqFt

Presenting a great investment opportunity at 914–916 Belmont Ave, Springfield, MA. This mixed-use duplex, built in 1922, offers 3,666 sq ft across two main units. The first floor features an updated office space ideal for commercial use with a kitchenette area with a sink and 1/2 bath, while the second floor offers a 2-bedroom, 1-bath residential unit, eat-in kitchen and large living room with a fireplace. The third floor is partially renovated and currently offers additional space that could be finished to expand the existing second-floor unit or be reconfigured as a third unit in accordance with local zoning and building regulations. The property has been updated with all major components for modern functionality. Situated on a 5,662 sq ft lot, it includes off-street parking for up to 4 vehicles. Mixed-use zoning provides flexibility for various ventures, and the Forest Park location offers convenient access to local amenities and major highways.

This home has been viewed 1 time

Last Checked: December 6th, 2025 at 9:18am (Source: MLS PIN #73417488)

Gross Income: $39,600

Gross Expenses: $4,399

Net Income Calc: $35,201

CAP Rate: 10.35%

Annual Expenses for 914-916 Belmont Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$4,399/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,399.80

Annual Income & Unit Breakdown for 914-916 Belmont Ave, Springfield MA 01108

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$1,400

LeaseY

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 ID73417488

Property TypeMulti Family

Price$340,000 ($137.76/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$39,600

Total Net Income By Broker$39,600

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$4,399.80

Tax Year2025

Assessed Value$280,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$39,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.35%

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

Agent

Name: Barbara Davenport

Office

Name: Premier Choice Realty, Inc.

Phone: 413-200-8642

Payment Calculator

, Interest

Property Taxes 366.65

Principal & Interest 2094.97

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Premier Choice Realty, Inc.

Barbara Davenport

Agent Phone

Office Phone

(413) 200-8642

Text Agent Call Agent Call Office

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EXIT