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Three-Family Residential Income Property

11-15 Belmont Place Springfield, MA 01108

11-15 Belmont Place, Springfield, MA, 01108
$425,000
Pending
For Sale
$425,000
Pending

Three residential units are each configured with three bedrooms, offered as part of a required two-property package.

Property Size3,723 SF
Days on Market145

Property Features for 11-15 Belmont Place

General Information

Standard status
Pending
Size
3,723 SF
Property subtype
Multi-family / 3 Family

Building Details

Year Built
1909
Listing agency BKaye Realty
Listed by Bryan Kaye · License #009508433
Source Compass
Added: Feb 27 Updated: Jul 21 at 3:04AM Checked: Jul 21 at 3:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BKaye Realty


Investment Insights

Based on property information with market context.

This offering includes a three-family residential income property with three-bedroom units. The property is professionally managed and is being sold as a package deal that must be purchased together with 66 Palmer Ave in Springfield.

According to the seller, both properties are under contract with Springfield Housing through NSLP until 2031. The same source also states that significant rent increases are scheduled for 5/1, creating a defined path for future income adjustments.

Presented as part of a managed portfolio, this 3-family configuration provides multiple rental units within one ownership group, with management already in place as part of the current arrangement.

Key Highlights

  • Three‑family residential property with 3 bedrooms in each unit (three total units).
  • 3 total full baths; full basement.
  • Frame construction; built in 1909.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Gym & Fitness Center Cafe & Coffee Shop Locksmith Furniture & Home Goods (Bike/Boat/Book/etc) Store HVAC Service Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three residential units are each configured with three bedrooms, offered as part of a required two-property package.
Where is this triplex located?
The property is located at 11-15 Belmont Place Springfield, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑family residential property with 3 bedrooms in each unit (three total units).; 3 total full baths; full basement.; Frame construction; built in 1909.
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