Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

41-49 Belmont Ave

Springfield, MA ID #73422853

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Side by Side
  • Zip Code: 01108
  • Taxes: 25,676
  • Levels: 4
  • Acres: 0.27

Parking

  • Garage Capacity: 16
  • Parking: Off Street, Paved
  • Parking Spaces: 16

Rooms/Dimensions

  • Total Units: 22
  • Total Floors: 4
  • Total Rooms: 94

Location

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41-49 Belmont Ave, Springfield, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of David Thompson of Stuart St James, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.