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281-285 Belmont Ave, Springfield MA 01108

Active

281-285 Belmont Ave, Springfield MA 01108

$799,900

Estimated $1,987/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $133,316.67

Total Rent: 42900/year

Estimated CAP Rate:

0 Bedrooms

Baths

8000

Total Parking: 4

5,929 (0.14)

Mixed-use investment opportunity at 281 Belmont St! This versatile property features four residential units plus two storefronts, offering multiple streams of potential rental income. Two residential units are currently vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to place new tenants and maximize rental income. The remaining units provide additional income potential, while the storefronts offer valuable commercial space and added flexibility. Lead certificates are available. Whether you're looking to expand your portfolio, house hack, or add a property with both residential and commercial income potential, this is an opportunity worth seeing!

This home has been viewed 4 times

Last Checked: October 3rd, 2026 at 5:23am (Source: MLS PIN #73566022)

Gross Income: $42,900

Gross Expenses: $8,285

Net Income Calc: $34,615

Water Views

Annual Expenses for 281-285 Belmont Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$8,285/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8285.31

Annual Income & Unit Breakdown for 281-285 Belmont Ave, Springfield MA 01108

Total Gross Income (Calculated)$42,900

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 281-285 Belmont Ave, Springfield MA 01108

Listing ID73566022

Property TypeMulti Family / 4 Family

Price799900 ($99.99/SqFt)

Style4 Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total8000

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1990

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 281-285 Belmont Ave, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 281-285 Belmont Ave, Springfield MA 01108

Real Estate Taxes8285.31

Tax Year2025

Assessed Value$528,400

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 281-285 Belmont Ave, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 281-285 Belmont Ave, Springfield MA 01108

Agent

Name: Sheila Perez

Office

Name: Naples Realty Group

Phone: 413-650-1314

Payment Calculator

, Interest

Property Taxes 690.44

Principal & Interest 4928.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Naples Realty Group

Sheila Perez

Agent Phone

Office Phone

(413) 650-1314

Text Agent Call Agent Call Office

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    [description] => Mixed-use investment opportunity at 281 Belmont St! This versatile property features four residential units plus two storefronts, offering multiple streams of potential rental income. Two residential units are currently vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to place new tenants and maximize rental income. The remaining units provide additional income potential, while the storefronts offer valuable commercial space and added flexibility. Lead certificates are available. Whether you're looking to expand your portfolio, house hack, or add a property with both residential and commercial income potential, this is an opportunity worth seeing!
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    [unparsed] => 281-285 Belmont Ave, Springfield MA 01108
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EXIT

28 More Photos

Active

281-285 Belmont Ave, Springfield MA 01108

$799,900

Annual Expenses for 281-285 Belmont Ave, Springfield MA 01108

Annual Income & Unit Breakdown for 281-285 Belmont Ave, Springfield MA 01108

General Information for 281-285 Belmont Ave, Springfield MA 01108

Disclosures for 281-285 Belmont Ave, Springfield MA 01108

Financial Information for 281-285 Belmont Ave, Springfield MA 01108

Location Information for 281-285 Belmont Ave, Springfield MA 01108

Contact Information for 281-285 Belmont Ave, Springfield MA 01108

Agent

Office

Payment Calculator

Exclusive Listing Agent

Naples Realty Group

Sheila Perez