41 Belmont Ave Springfield, MA 01108
Forest Park NeighborhoodEstimated payment $15,730/month
About This Home
I am excited to introduce this tremendous investment opportunity in the heart of the historic Forest Park. The Property enjoys strong historical occupancy and has undergone renovations to most of the units leaving room for additional rent increases, already grossing over $258,000 annually the building offers a remarkable 22-unit property with a substantial 22,316 square feet of living space. 41-49 Belmont consists of a four-story brick building with 20 residential units comprised of 8 2-bedroom/1 bath units, 8 1-Bedroom/1-Bath units, 4 Studio units and a separate two-family with (2) 2 bedroom/ 1 bath units. updated hot water systems and 95% HTP condensing Hot water heater. The Property also offers a parking lot and an on site laundry facility. Residents will appreciate the convenience of nearby shops, restaurants, parks, and access to downtown Springfield, making it an ideal choice for small families and professionals. With Springfield's growth now is the time to stake your claim.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,676
Year Built
- Built in 1925
Lot Details
- 0.27 Acre Lot
- Corner Lot
Home Design
- Brick Foundation
Interior Spaces
- 22,316 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 32 Bedrooms
- 22 Full Bathrooms
Parking
- 16 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
Community Details
- 22 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $2,499,000 | +19.6% | $112 / Sq Ft |
| 04/05/2024 04/05/24 | Sold | $2,090,000 | -3.9% | $94 / Sq Ft |
| 01/14/2024 01/14/24 | Pending | -- | -- | -- |
| 12/20/2023 12/20/23 | Price Changed | $2,175,000 | -1.1% | $97 / Sq Ft |
| 11/17/2023 11/17/23 | For Sale | $2,200,000 | -- | $99 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73422853
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