6-Unit Mixed-Use
New
For Sale
$749,900
298-302 Belmont Avenue, Springfield, MA 01108
Renovated building combines four apartments with two occupied commercial suites and private off-street parking.
Property Size6,415 SF
Price / SF$116.90
Days on Market7
Property Features for 298-302 Belmont Avenue
General Information
Standard status
Active
Size
6,415 SF
Property subtype
Multi-family
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Amenities
central air conditioning
laundry hookups
off-street parking
hardwired fire alarm system
separate utilities
Building Details
Year Built
1910
Year Renovated
2022
Tenancy
Multi
Listing Agency:
Lock and Key Realty Inc.
Listed By:
Jessica Mekal · License #CN248483
(413) 519-1423
Source:
Gogginsrealestate
Added: Sep 21
Changed: Sep 26
Last Checked: Sep 26 at 8:22AM
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.
Investment Insights
Based on property information with market context.
Located at 298-302 Belmont Ave in Springfield, this 6,415-square-foot mixed-use property contains four residential apartments and two first-floor commercial spaces. Each apartment includes two bedrooms, a living room, dining room, kitchen, and full bathroom; two units also have in-unit laundry hookups. The commercial suites are arranged with two rooms each, with one full bathroom and one half bathroom between them.
The building received substantial system upgrades in 2022, including a new roof, furnaces, hot water tanks, plumbing, electrical systems, and a hardwired fire alarm. All four apartments have central air conditioning and lead certificates, while five units have heating and central air. Separate utilities are in place for every unit and are paid by tenants. A transferable special permit supports conversion of the commercial areas to residential use, subject to applicable requirements and approvals. The property also includes a private rear lot for off-street parking and was built in 1910.
The building received substantial system upgrades in 2022, including a new roof, furnaces, hot water tanks, plumbing, electrical systems, and a hardwired fire alarm. All four apartments have central air conditioning and lead certificates, while five units have heating and central air. Separate utilities are in place for every unit and are paid by tenants. A transferable special permit supports conversion of the commercial areas to residential use, subject to applicable requirements and approvals. The property also includes a private rear lot for off-street parking and was built in 1910.
Key Highlights
- 6,415 SF mixed‑use property with four apartments and two commercial spaces
- Transferable special permit supports conversion of commercial areas to residential use
- Extensive 2022 upgrades include roof, furnaces, hot water tanks, plumbing, electrical, and fire alarm systems
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
Business Placement
Demographics for 01108, MA
27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated building combines four apartments with two occupied commercial suites and private off-street parking.
Where is this mixed-use property located?
The property is located at 298-302 Belmont Avenue Springfield, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 6,415 SF mixed‑use property with four apartments and two commercial spaces; Transferable special permit supports conversion of commercial areas to residential use; Extensive 2022 upgrades include roof, furnaces, hot water tanks, plumbing, electrical, and fire alarm systems
