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751 Belmont Avenue, Springfield MA 01108

Active

751 Belmont Avenue, Springfield MA 01108

$385,000

Estimated $957/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $192,500

Total Rent: 47592/year

Estimated CAP Rate:

6 Bedrooms

Baths

3082

Total Parking: 0

5,083 (0.12)

Legal TWO Family home. 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. Potential expansion of the 2nd floor unit to the third floor to allow for more bedrooms.

This home has been viewed 13 times

Last Checked: October 21st, 2026 at 5:58am (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

General Information for 751 Belmont Avenue, Springfield MA 01108

Listing ID73554189

Property TypeMulti Family / 3 Family

Price385000 ($124.92/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS AreaForest Park

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

ExclusionsSurveillance Devices

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)

MLS AreaForest Park

Area AmenitiesWalk/jog Trails

Contact Information for 751 Belmont Avenue, Springfield MA 01108

Agent

Name: Daniel Rodriguez

Office

Name: Lamacchia Realty, Inc.

Phone: 413-785-1636

Team Members

Payment Calculator

, Interest

Property Taxes 333.17

Principal & Interest 2372.25

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Daniel Rodriguez

Agent Phone

Office Phone

(413) 785-1636

Text Agent Call Agent Call Office

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    [unparsed] => 751 Belmont Avenue, Springfield MA 01108
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EXIT

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