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$1,400,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 8 Units
  • 24 Total Beds
  • 0.28 Acres
  • Updated 5 days ago
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Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts, abundant natural light, and modernized kitchens and baths. Mechanical systems have been updated for efficiency and long-term durability, including newer heating, plumbing, and electrical improvements that support low-maintenance ownership. The exterior boasts professional management, secured entry, and dedicated off-street parking, with convenient enhancements such as coin-op laundry and private patios. Zoned for multifamily use, the property presents a scalable investment primed with recent major updates. This building is a must see to appreciate the long term addition to your portfolio.

Full Property Details for 228 Belmont Ave

General

  • Price: $1,400,000
  • Taxes: $11,004 (2025)
  • Status: Contingent
  • Type: Multi-Family
  • MLS ID: 73461145
  • Updated: 1/10/2026
  • Added to Site: 38 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 24

Parking

  • Parking Features: Off Street

Location

  • County: Hampden

Structural Information

  • Basement: Yes
  • Stories/Levels: 5
  • Square Feet: 13,410
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.28

Financial Considerations

  • Tax Amount: $11,004
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Tenants may have audio/visual recording devices. Showing for vacant unit only until inspections. Washer Dryer Coin Ops not included in on income. Fireplaces no longer operational. Reference attached document for income and expenses
  • Property ID: S:01235 P:0046, 2573302

Listed by Lock and Key Realty Inc., Patriot Living Group and Stacey Silvia

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Listing agents

— 228 Belmont Ave —

  • Patriot Living Group

    Lock and Key Realty Inc.

  • Stacey Silvia

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 228 Belmont Ave

School District:Springfield School District
NameGradesDistance
Sumner Avenue School
45 Sumner Avenue, Springfield, MA 01108
PK-50.5 mi
Forest Park Middle School
46 Oakland Street, Springfield, MA 01108
6-80.4 mi
High School Of Commerce
415 State Street, Springfield, MA 01105
9-121.3 mi
High School/Science-Tech
1250 State Street, Springfield, MA 01109
9-122.3 mi
Springfield Central High School
1840 Roosevelt Avenue, Springfield, MA 01109
9-123.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 228 Belmont Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$1,400,000
-6.67%
MLS
12/09/2025
Listed
$1,500,000
45.45%
MLS
5/05/2025
Sold
$1,031,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 228 Belmont Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,004
-1%
$701,800
1%
2024
$11,130
9%
$693,000
16%
2023
$10,199
16%
$598,200
28%
2022
$8,819
4%
$468,600
5%
2021
$8,473
13%
$448,300
16%
2020
$7,517
-1%
$384,900
—
2019
$7,575
6%
$384,900
6%
2018
$7,154
9%
$363,500
9%
2017
$6,555
6%
$333,400
6%
2016
$6,158
3%
$313,200
3%
2015
$5,962
13%
$303,100
13%
2014
$5,272
—
$267,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 228 Belmont Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lock and Key Realty Inc., Patriot Living Group and Stacey Silvia

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228 Belmont Ave, Springfield, MA 01108 (MLS# 73461145) is a Multi-Family property with 8 units containing 24 bedrooms and 8 full bathrooms. 228 Belmont Ave is currently listed for $1,400,000 and was received on December 09, 2025. Want to learn more about 228 Belmont Ave? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

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