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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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281-285 Belmont Ave , Springfield, MA 01108
$850,000
Est. Payment: $1,888.89/mo
0 Bed
0 Bath
8000 Sqft
Status: Active | Days on site: 28
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AN6415 - CN229943
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House Description

Mixed-use investment opportunity at 281 Belmont St! This versatile property features four residential units plus two storefronts, offering multiple streams of potential rental income. Two residential units are currently vacant, providing an immediate opportunity for an owner-occupant to move in or for an investor to place new tenants and maximize rental income. The remaining units provide additional income potential, while the storefronts offer valuable commercial space and added flexibility. Lead certificates are available. Whether you're looking to expand your portfolio, house hack, or add a property with both residential and commercial income potential, this is an opportunity worth seeing!

Highlights

Listed by Sheila Perez , 413-313-8218 Naples Realty Group , 413-650-1314.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1990

County

Hampden

Listing ID

73566022

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0
Floor:Wood,Vinyl
Water:Public

Exterior Features

Garage Capacity:4
Zoning:B1
Others:
  • Additional:Rain Gutters, Sprinkler System
Sewer:Public Sewer
Parking Features:Paved Drive,Paved,Parking Spaces: 4
Principal Interest
$1,889
Taxes
$690

Home Price

$850,000

Loan Details

30 yrs
%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,888.89 $690.44 $0.00 $2,579.33
Yearly $22,666.67 $8,285.31 $0.00 $30,951.98
Total $680,000.00 $248,559.30 $0.00 $928,559.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Springfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.