281-285 Belmont Ave, Springfield MA 01108
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31 photos

$850,000

281-285 Belmont Ave, Springfield MA 01108
Springfield, MA 01108
Listed by Sheila Perez
Bedrooms
0
Bathrooms
N/A
Living area
8,000 sqft
Year built
1990

About this home

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!

Property details

MLS #
73566022
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
August 20, 2026
Stories
5
Garage spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Kensington International School
0.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
255
Student:teacher ratio
11.1:1
District
Springfield
Middle
Springfield Realization Academy
0.21 mi away · Grades 6
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
70
Student:teacher ratio
8.8:1
District
Springfield
High
Liberty Preparatory Academy
0.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
8
Student:teacher ratio
2.0:1
District
Springfield

Mortgage calculator

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 17 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.