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  • $4,370,000

    202-212 Pearl St, Springfield, MA 01105

    53beds
    45,750sqft
    5+ Family - 5+ Units Up/Down
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: September 24, 2024 at 02:25pm

    Listed by:

    James Charles,

    Lock and Key Realty Inc.,

    James Charles

    Bought with:

    Andrew Rodman

    Lock and Key Realty Inc.

    Source: MLS PIN,MLS#: 73203773

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 53
    • Bathrooms: 46
    • Full bathrooms: 46
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Vinyl, Hardwood
    • Doors: Insulated Doors
    • Windows: Insulated Windows
    • Basement: Full,Slab
    • Has fireplace: No
    Interior area
    • Total structure area: 45,750
    • Total interior livable area: 45,750 sqft

    Property

    Parking
    • Total spaces: 35
    • Parking features: Paved Drive, Off Street, Common
    • Garage spaces: 7
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    • Exterior features: Balcony
    Lot
    • Size: 0.64 Acres
    Details
    • Parcel number: S:09585 P:0059
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Rubber
    Condition
    • Year built: 1927

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Medical Facility, Public School, University
    Location
    • Region: Springfield

    HOA & financial

    Other financial information
    • Total actual rent: 0
    Services availability