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Canceled

723 Belmont Ave, Springfield MA 01108

$485,000

Estimated $1,151/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $242,500

Total Rent: 25200/year

Estimated CAP Rate:

8 Bedrooms

Baths

3010

Total Parking: 1

5,432 (0.12)

BEAUTIFUL 2 FAMILY WITH 3 FLOORS! Located in a great area of Forest Park by the East Long line. 1st Floor: New kitchen with granite counters and stainless steel appliances including dishwasher, microwave and electric stove. New bathroom! 3 bedrooms. Newly finished hardwood floors and new Lifeproof vinyl floors in kitchen and bath. Pantry with cabinets and granite tops for extra storage. 2nd floor: New kitchen with granite counters and tile flooring. Newer bathroom. New vinyl Life-proof flooring. 3 bedrooms. Excellent long term tenant pays $2100 month. 3rd floor: Newer full bath, kitchenette with granite counters. 2 bedrooms and living room with New vinyl flooring and New carpeting. Vinyl siding and vinyl windows. New Gas Heating Systems. New Gas hot water heaters. New brick stairs with Iron railings. 2 electric meters and a 3rd meter for owner. This house is in immaculate condition and well maintained by same owner for 15 years. IT WILL NOT LAST! OPEN HOUSE SUNDAY MAY 24 12-2PM

This home has been viewed 14 times

Last Checked: May 23rd, 2026 at 4:29am (Source: MLS PIN #73520655)

Gross Income: $25,200

Gross Expenses: $4,379

Net Income Calc: $20,821

Water Views

Annual Expenses for 723 Belmont Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$4,379/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4379

Annual Income & Unit Breakdown for 723 Belmont Ave, Springfield MA 01108

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 723 Belmont Ave, Springfield MA 01108

Listing ID73520655

Property TypeMulti Family / 2 Family

Price485000 ($161.13/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaForest Park

Neighborhood(s)

Approximate Living Area Total3010

Approximate Lot Size (Acres)0.12

Total Parking1

Garage Parking0

Year Built1912

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 723 Belmont Ave, Springfield MA 01108

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

For Sale By OwnerEntry Only

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 723 Belmont Ave, Springfield MA 01108

Real Estate Taxes4379

Tax Year2025

Assessed Value$279,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 723 Belmont Ave, Springfield MA 01108

Neighborhood(s)

MLS AreaForest Park

Area AmenitiesWalk/jog Trails

Contact Information for 723 Belmont Ave, Springfield MA 01108

Agent

Name: Richard Russo

Office

Name: Richard M. Russo Real Estate

Phone: 413-374-2103

Payment Calculator

, Interest

Property Taxes 364.92

Principal & Interest 2988.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Richard M. Russo Real Estate

Richard Russo

Agent Phone

Office Phone

(413) 374-2103

Text Agent Call Agent Call Office

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    [unparsed] => 723 Belmont Ave, Springfield MA 01108
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EXIT

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