Investment Analysis — 751 Belmont Avenue

Springfield, MA 01108 — Forest Park

Based on rent reported on the MLS listing, a 2-unit multi-family in 01108 carries $3,525/mo in gross rent — about a 7.31% cap rate and $28,150/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,082

Style

Multi Family

Built

1905

Legal TWO Family home. Excellent investment opportunity just minutes from Forest Park! This well-maintained Springfield multifamily offers a strong income-producing opportunity, making it an excellent fit for investors or owner-occupants alike. Situated on a corner lot, the property features a welcoming front porch. Inside, the units offer practical, comfortable layouts with 2 bedrooms and a full bath each! Exterior stair access and a usable backyard provide added convenience. Level yard on a corner lot! With established rental income already in place and one unit currently without a lease, this property presents flexibility for future occupancy or leasing opportunities. Lead certificate available for 1st Floor only. Potential expansion of the 2nd floor unit to the third floor to allow for more bedrooms.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.