438 Belmont AvenueSpringfield, MA 01108MLS Number 73151180

  • Price: $300,000
  • Est. Mortgage of $/month
  • 40 Days on Market
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 8Bedrooms
  • 0.15Acreage
  • 4Bathrooms
  • 1909Year Built

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This incredible cash-flowing triplex on Belmont Ave in Springfield is close to everything, and is a great opportunity for a buy-and-hold investor, or an owner-occupant! First floor, which is a three-bedroom, two-bathroom unit, will be vacant at closing, and with several updates, a large backyard, a great garage for the new owner, and paying tenants, this is the property for you. Second floor is three-bedroom, two-bathroom unit, rented at $1875/month. Third floor is two-bedroom, one-bathroom unit, rented out for $825/month. Owner pays electric & electric heat for whole building ($750/month in summer months, $1800/month in winter months), for personal reasons. Age of the systems is mostly unknown, but all operational, and no systems need to be updated immediately (APO). Property will likely pass FHA & VA Financing Options.
Listed by The Generation Group and Jack Watson of Coldwell Banker Realty - Western MA

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More Info

Basic Information

  • Contingency Financing
  • Gross Income $32,400
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number S:01235 P:0089,2573323
  • Rent Includes Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
  • Road Frontage DescriptionPaved


  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationBlock, Brick/Mortar
  • Garage Spaces2
  • Rooms14
  • Stories5
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1909
  • Year Built Details Approximate
  • Year Built Source Public Records


  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Range, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Unit 3(Countertop Range, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Fireplace, Golf

Tax Information

  • Tax Assessed Value $187,700
  • Tax Year 2023
  • Taxes$3,200


  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4


  • Address438 Belmont Avenue
  • Building Number438
  • CountyHampden
  • StateMA
  • StreetBelmont Avenue
  • TownSpringfield
  • Zip01108


  • Exterior Features Gutters, Other (See Remarks)
  • Fencing Fenced/Enclosed
  • RoofShingle


  • Cooling Unit 1(), Unit 2(), Unit 3()
  • Electric Circuit Breakers
  • Electric Expense 5200
  • Heat SystemYes
  • Heating Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
  • Sewer Public Sewer
  • Water Source Public


  • Buyer Agency Compensation2.5
  • Date Listed08/22/2023
  • Farm Land Area Units Square Feet
  • View Count4


  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Basic Information

  • List Price$300,000
  • MLS Number73151180
  • Modification Date09/13/2023
  • Property SubType3 Family
  • Purchase Contract Date08/30/2023
  • Sale Date09/12/2023


  • Acreage0.15


  • Flooring Wood, Vinyl
  • Interior Features
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 2 Rooms(Living Room
    • Unit 3 Rooms(Living Room

Property Information

  • Building Area Source Public Records
  • Living Area 3,869
  • Lot Size Square Feet 6,434
  • Lot Size Units Acres
  • Square Feet3,869
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

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