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  • $375,000

    438 Belmont Ave, Springfield, MA 01108

    8beds
    3,869sqft
    3 Family
    Built in 1909
    -- sqft lot
    $458,300 Zestimate®
    $97/sqft
    $1,857 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 05, 2023 at 04:58am

    Listed by:

    The Generation Group,

    Coldwell Banker Realty - Western MA,

    Jack Watson

    Bought with:

    Silverio Estates Group

    Century 21 North East

    Source: MLS PIN,MLS#: 73151180

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Wood, Vinyl
    • Basement: Full,Interior Entry,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,869
    • Total interior livable area: 3,869 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street, Paved
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 6,434 sqft
    • Features: Level
    Details
    • Parcel number: S:01235 P:0089,2573323
    • Zoning: B1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Frame
    • Foundation: Block, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1909

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 2800

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

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    $458,300
    2% more+ $9,166
    With Zillow Showcase(estimated)
    $467,466