202-212 Pearl Street
202-212 Pearl Street
$4,525,000
53
46
45,750
45,750
$99
Under Agreement
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...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!
- Listed by James Charles • Lock and Key Realty Inc.
Property Details for 202-212 Pearl Street
Town
Springfield
AreaMA-Springfield
Garage Spaces7
Parking Spaces35.00
Parking Spaces Total42
Location
LISTING UPDATED: 05/01/2024 01:55 PM
Property Details for 202-212 Pearl Street
Status | Under Agreement |
---|---|
MLS # | 73203773 |
Days on Market | 71 |
Taxes | $61,395 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1927 |
County | Hampden County |
Location
Building Information for 202-212 Pearl Street
Stories4Residences46Year Built1927Building Size-Lot Size0.64 AC / 27,938 SF
Payment Calculator
$29,811 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 202-212 Pearl Street
Property History for 202-212 Pearl Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 202-212 Pearl Street
This home is within Springfield School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lincoln PublicK to 5 | ||
High School/Science-Tech Public9 to 12 | ||
Putnam Vocational Technical High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.