Sold
202-212 Pearl St, Springfield, MA
Springfield · MA 01105
- $4,370,000
- Price
- 53
- Beds
- 46
- Baths
- 45750
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1927
Units:
46 Units
Lot size:
0.64 Acre Lot
Price per square foot:
$99 / Sq.Ft
Parking:
7 Garage Spaces · 35 Off Street Spaces
About this home
Attention Investors! Here is your opportunity to own a 46-unit income producing property in Springfield! This a 3-parcel property consisting of two residential buildings 202-206 Pearl st and 208-212 Pearl st and 1 parking lot featuring 35 parking spaces along with 7 garages with one oversized garage. 202-206 Pearl is a well maintained 21-unit property offering (16) 1 bed and (5) 2 bed apartments, 1 year old hot water condensing boiler, 7-year-old steam boiler, and updated apartments. 208-212 Pearl st is a 25 unit building offering (17) 1 bed, (5) 2 bed and (3) studio apartments, 1 year old hot water condensing boiler, 3-year-old boiler, 7-year-old TPO roof and updated apartments. Currently the property is being offered at 8% cap rate. There is plenty of upside being offered as well! Don?t miss out on this rare opportunity to own a nice income producing property in this growing Springfield market!
Neighborhood & Transit
202-212 Pearl St, Springfield · MA 01105
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 987 days
- Listing Price:
- $4,525,000
- Price per Sq.Ft:
- $99
- Tax Assessment:
- $1,192,300 in 2023
- Taxes:
- $5,116 / Monthly
Home Facts
Interior Features
- Bedrooms
- 53
- Full Bathrooms
- 46
- Half Bathrooms
- 0
- Living Area
- 45,750 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 43750
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 27,938 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 7 Parking Spaces
- Off Street Parking
- 35 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood, Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- James Charles
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73203773
- Disclosure
- Member of ownership entity is a licensed real estate salesperson