202-212 Pearl StreetSpringfield, MA 01105MLS Number 73203773

  • Price: $4,525,000
  • Est. Mortgage of $/month
  • 90 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105202-212 Pearl Street Springfield MA 01105
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  • 53Bedrooms
  • 0.64Acreage
  • 46Bathrooms
  • 1927Year Built
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 of Lock and Key Realty Inc.

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More Info

Basic Information

  • Mls StatusUnder Agreement
  • Parcel Number S:09585 P:0059

Rooms

  • Bathroom46
  • Bathrooms Total Decimal 46
  • Bedrooms53
  • Full Bath46

Building

  • BasementFull, Slab
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Door Features Insulated Doors
  • FoundationBrick/Mortar
  • Garage Spaces7
  • Patio And Porch Features Porch
  • Rooms99
  • Stories4
  • Units46
  • Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1927
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $1,192,300
  • Tax Year 2023
  • Taxes$61,395

Basic Information

  • List Price$4,525,000
  • MLS Number73203773
  • Modification Date05/01/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date04/01/2024
  • Sale Date04/01/2024

Property

  • Acreage0.64

Exterior

  • Exterior Features Balcony
  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 45,750
  • Lot Size Square Feet 27,938
  • Lot Size Units Acres
  • Square Feet45,750

Other

  • Buyer Agency Compensation1.25%
  • Date Listed02/20/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensationtbd
  • View Count11

Parking

  • Covered Spaces 7
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Common
  • Parking Spaces35

Location

  • Address202-212 Pearl Street
  • Building Number202-212
  • CountyHampden
  • StateMA
  • StreetPearl Street
  • TownSpringfield
  • Zip01105

Interior

  • Flooring Vinyl, Hardwood

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Public School, University
  • Other AmenitiesBasement

Your Local Office

Foster-Healey Real Estate, Inc. (Gardner Office)

Foster-Healey Real Estate, Inc. (Gardner Office)

26 Pearson Boulevard,
Gardner, MA 01440

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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