Excellent investment opportunity just minutes from Forest Park! This well-maintained Springfield multifamily offers a strong income-producing opportunity, making it an excellent fit for investors or owner-occupants alike. Situated on a corner lot, the property features a welcoming front porch. Inside, the units offer practical, comfortable layouts with 2 bedrooms and a full bath each! Exterior stair access and a usable backyard provide added convenience. Level yard on a corner lot! With established rental income already in place and one unit currently without a lease, this property presents flexibility for future occupancy or leasing opportunities. Lead certificate available for 1st Floor only. 2nd and 3rd Floor share heat and electric
This home has been viewed 4 times
Last Checked: July 25th, 2026 at 7:18am (Source: MLS PIN #73554189)
Gross Income: $47,592
Gross Expenses: $3,998
Net Income Calc: $43,594
Water Views
Annual Expenses for 751 Belmont Avenue, Springfield MA 01108
Total Gross Expenses (Calculated)$3,998/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3998
Annual Income & Unit Breakdown for 751 Belmont Avenue, Springfield MA 01108
Total Gross Income (Calculated)$47,592
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 751 Belmont Avenue, Springfield MA 01108
Listing ID73554189
Property TypeMulti Family / 3 Family
Price400000 ($129.79/SqFt)
Style3 Family - 3 Units Up/down
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3082
Approximate Lot Size (Acres)0.12
Total Parking0
Garage Parking0
Year Built1905
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 751 Belmont Avenue, Springfield MA 01108
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 751 Belmont Avenue, Springfield MA 01108
Real Estate Taxes3998
Tax Year2025
Assessed Value$255,000
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 751 Belmont Avenue, Springfield MA 01108
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 751 Belmont Avenue, Springfield MA 01108