This impressive 3-family home in Forest Park, known as "The X," offers a prime location near shops, schools, churches, and the 736-acre Forest Park. Easy access to I-91, I-291, and the MA Pike enhances convenience. The property boasts stately curb appeal with a grand pillared entrance. The first-floor unit is spacious with high ceilings, updated kitchen and bath, gas forced air heat, central air, and is zoned for commercial use. The second-floor unit is vacant and ready for occupancy, while the third-floor unit is a spacious studio unit with separated utilities. With two vacant units and one long-term tenant eager to stay, this property is an excellent investment opportunity. Off-street parking adds to its appeal. Don't miss out!
Sold for $430,800 on 10/11/24
$430,800
501 Belmont Ave, Springfield, MA 01108
7beds
3,122sqft
3 Family - 3 Units Up/Down
Built in 1899
-- sqft lot
$448,900 Zestimate®
$138/sqft
$2,301 Estimated rent
Home value
$448,900
$400,000 - $503,000
$2,301/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 11, 2024 at 08:08pm
Listed by:
Raquel Medina 413-282-8385,
Lock and Key Realty Inc. 413-282-8080
Bought with:
Raquel Medina
Lock and Key Realty Inc.
Source: MLS PIN,MLS#: 73283728
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Living Room, Dining Room, Kitchen, Laundry Room
- Flooring: Wood, Vinyl
- Windows: Insulated Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,122
- Total interior livable area: 3,122 sqft
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Shared Driveway, Off Street, On Street, Assigned, Paved
- Uncovered spaces: 5
Features
- Patio & porch: Porch
- Exterior features: Balcony
- Fencing: Fenced/Enclosed
Lot
- Size: 6,094 sqft
Details
- Parcel number: S:01235 P:0265,2573428
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame, Stone
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 1200
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2024 | Sold | $430,800+10.5%$138/sqft |
Source: MLS PIN #73283728 | ||
| 9/10/2024 | Contingent | $390,000$125/sqft |
Source: MLS PIN #73283728 | ||
| 9/2/2024 | Listed for sale | $390,000+21.9%$125/sqft |
Source: MLS PIN #73283728 | ||
| 6/21/2022 | Listing removed | -- |
Source: BHHS broker feed | ||
| 6/18/2022 | Pending sale | $319,900+6.3%$102/sqft |
Source: BHHS broker feed #72955629 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,343 +6% | $277,000 +8.5% |
| 2024 | $4,099 +16.7% | $255,200 +23.9% |
| 2023 | $3,512 +4.2% | $206,000 +15% |
Find assessor info on the county website
Neighborhood: Forest Park
Nearby schools
GreatSchools rating
- 6/10Sumner Avenue SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Forest Park Middle SchoolGrades: 6-8Distance: 0.2 mi
- NALiberty Preparatory AcademyGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Middle: Forest Park
- High: Commerce
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$448,900
2% more+ $8,978
With Zillow Showcase(estimated)
$457,878