Springfield, MA 01105,202-212 Pearl St
Springfield, MA 01105,202-212 Pearl St
Springfield, MA 01105,202-212 Pearl St
42
$4,370,000
$4,525,000
3.4%
Est.Price: ?

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53 BD
46 BA
45,750 SqFt

202-212 Pearl St Springfield, MA 01105

Est. payment /mo
SOLD DATE : 09/24/2024

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Key Details

Sold Price $4,370,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 45,750 sqft

Price per Sqft $95

MLS Listing ID 73203773

Sold Date 09/24/24

Bedrooms 53

Full Baths 46

Year Built 1927

Annual Tax Amount $61,395

Tax Year 2023

Lot Size 0.640 Acres

Acres 0.64

Property Description

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!

Location

State MA

County Hampden

Zoning R3

Direction Use GPS

Rooms

Basement Full, Slab

Interior

Flooring Vinyl, Hardwood

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Balcony

Garage Spaces 7.0

Community Features Public Transportation, Medical Facility, Public School, University

Utilities Available for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Waterfront false

Roof Type Rubber

Parking Type Paved Drive, Off Street, Common

Total Parking Spaces 35

Garage Yes

Building

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Lock and Key Realty Inc.
Bought with Andrew Rodman • Lock and Key Realty Inc.

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William Luther

Broker | License ID: 130964

+1(617) 818-5040

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