228 Belmont Ave, Springfield, MA 01108

Building Details

Year Built

1915

Listing office Lock and Key Realty Inc. s***@gmail.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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 Lock and Key Realty Inc.

Report an issue

---

Overview

This multifamily apartment building presents a prime investment opportunity, offering strong rental income and tenant appeal in an unbeatable location. The well-maintained property features a diverse mix of spacious units designed to attract long-term occupants and maximize year-over-year returns. 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. It is located in Springfield, MA.

Suggested Use

Real Estate Agency Gym & Fitness Center Nursing Home Acupuncture Parking Lot & Garage HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Nursing Home Restaurant

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

Location Insight

• Map
• Local Demand

City

Springfield

County

Hampden

State

Massachusetts

Longitude

-72.5694796

Latitude

42.0881031

Nearby Similar for Sale

• 

  $425,000

  3,432 SF

  Updated Three-Family Home in Springfield

  Updated three-family property near Forest Park, ideal for investors.

  42 Hall St, Springfield, MA 01108

  View Details
• 

  $360,000

  3,278 SF

  Two-Family Residential Income Property

  Two-unit residential income property in Springfield offers fenced outdoor space and potential third-unit conversion.

  32 Wendell Pl, Springfield, MA 01105

  View Details
• 

  $284,900

  2,720 SF

  Springfield Two-Family Investment Opportunity

  Two-family property with strong rental potential near amenities.

  1045-1047 Worcester St, Springfield, MA 01151

  View Details
• 

  $319,900

  2,106 SF

  Two-Unit Residential Income Property

  Well-maintained two-family home with two 2-bedroom units, gas heat, hardwood floors, and off-street parking.

  278-280 Page Blvd, Springfield, MA 01104

  View Details
• 

  $399,000

  5,458 SF

  Flex Space with Office and Fenced Yard

  Small flex/industrial building with office space, ample parking, and a fenced yard on 0.5 acres.

  184 Stafford St, Springfield, MA 01104

  View Details
• 

  $1,075,000

  4,326 SF

  Office Building on High-Traffic Artery

  4,326 SF office building with development potential on 1.26 acres.

  1205-1211 Boston Road, Springfield, MA 01119

  View Details
• 

  $399,000

  2,488 SF

  Multi-Family Home on Cul-de-Sac

  Multi-family home ideal for multi-generational living or income.

  19-21 Wedgewood Cir, Springfield, MA 01129

  View Details
• 

  $1,800,000

  6,000 SF

  Downtown Springfield Office Space

  Updated 6,000 SF corner office space in historic building.

  289-309 Bridge St, Springfield, MA

  View Details
• 

  $1,250,000

  12,000 SF

  Multi-Tenant Retail Building

  Fully leased retail building with 91 feet of frontage and ample parking at a signalized intersection.

  520-526 Main Street, Springfield, MA 60187

  View Details
• 

  $379,000

  4,574 SF

  Versatile Commercial Building For Sale

  Two-unit commercial property with high ceilings and excellent accessibility.

  218-226 Saint James Blvd, Springfield, MA 01104

  View Details
• 

  $599,000

  Springfield Retail Investment Opportunity

  Two Main Street properties with established tenants in downtown Springfield.

  982 Main St, Springfield, MA 01103

  View Details
• 

  $1,800,000

  57,919 SF

  Bridge Street Multi-Use Investment Property

  Multi-tenant commercial portfolio on high-traffic corridor with value-add opportunities.

  289-307 Bridge St, Springfield, MA 01103

  View Details

FAQs

What type of property is this?

Apartment building - Expansive multifamily building with strong rental income in prime location.

Where is this apartment building located?

The property is located at 228 Belmont Ave Springfield, MA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Strong rental income and excellent tenant appeal for immediate returns.; Updated mechanical systems (heating, plumbing, electrical) for low‑maintenance ownership.; Spacious units with functional layouts, natural light, and modernized kitchens/baths.