Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts, abundant natural light, and modernized kitchens and baths. Mechanical systems have been updated for efficiency and long-term durability, including newer heating, plumbing, and electrical improvements that support low-maintenance ownership. The exterior boasts professional management, secured entry, and dedicated off-street parking, with convenient enhancements such as coin-op laundry and private patios. Zoned for multifamily use, the property presents a scalable investment primed with recent MAJOR updates. This building is a must see to appreciate the long term addition to your portfolio!!

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Basic Information

Listing Terms Contract
Lot Features Level
Mls StatusActive
Parcel Number S:01235 P:0046,2573302

Tax Information

Tax Assessed Value $701,800
Tax Year 2025
Taxes$11,004

Parking

Parking Features Off Street
Parking Spaces12

Rooms

Bathroom8
Bathrooms Total Decimal 8
Bedrooms24
Full Bath8

Basic Information

List Price$1,350,000
MLS Number73461145
Modification Date05/16/2026
Property SubType5-9 Family

Location

Address228 Belmont Avenue
Building Number228
CountyHampden
NeighborhoodForest Park
StateMA
StreetBelmont Avenue
SubdivisionForest Park
TownSpringfield
Zip01108

Building

BasementFull, Partially Finished, Walk-Out Access, Concrete, Unfinished
Building Area Units Square Feet
Construction Materials Brick
Door Features Insulated Doors
FireplaceYes
Fireplaces Total 1
FoundationBrick/Mortar
Foundation Area 2812
Levels 5
Patio And Porch Features Deck - Wood, Patio
Rooms48
Stories5
Units8
Utilities For Gas Range
Window Features Insulated Windows
Year Built1915
Year Built Details Renovated Since
Year Built Source Public Records

Property

Acreage0.28
Frontage Length 125

Interior

Flooring Hardwood

Exterior

Fencing Fenced/Enclosed, Fenced
RoofRubber

Utilities

Electric Individually Metered
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 13,410
Lot Size Square Feet 12,349
Lot Size Units Acres
Square Feet13,410

Amenities

AmenitiesPublic Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks
Green Indoor Air Quality Integrated Pest Management
Other AmenitiesBasement, Fireplace

Legal

ZoningR3

Other

Date Listed12/10/2025
Farm Land Area Units Square Feet
View Count3

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Newton, MA

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More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

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Building

Property

Interior

Exterior

Utilities

Property Information

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Legal

Other

Map Location

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Newton, MA