Multi-Family for Sale: 202-212 Pearl St, Springfield, MA 01105 SOLD

53 beds
46 full baths
45,750 sqft
$4,370,000
$4,370,000
202-212 Pearl St, Springfield, MA 01105 SOLD
53 beds
46 full baths
45,750 sqft
$4,370,000
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Selling Price: $4,370,000
Original List Price: $4,525,000
Sold at 96.6% of list price
Sold Date: 09/24/2024

Type Multi-Family
Beds 53
Total Baths 46 full baths
Square Feet 45,750 sqft
Garage Spaces 7
Lot Size 0.64 acres
Year Built 1927

City Springfield
County Hampden

MLS 73203773
Status Closed
DOM 217 days
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!

Lot & Building Features

Construction Brick
Sewer Public Sewer
Tax Year 2023
Taxes Paid $61,395
Water Public
Foundation Brick/Mortar
Exterior Features Balcony
Roof Rubber
Full Baths 46
Parking Common, Paved Drive, Off Street
Total Rooms 99
Basement Feature Full, Slab
Garage Spaces 7

Price History of 202-212 Pearl St, Springfield, MA

Date Name Price Difference
02/20/2024 Listing Price $4,370,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 202-212 Pearl St, Springfield, MA

Location Map Street View
Photo of Denise Hippert, CDPE, CRS, ePRO
Denise Hippert, CDPE, CRS, ePRO
Associate Broker, REALTOR
Direct: 603-930-5385
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Lock and Key Realty Inc., James Charles
Sold by Lock and Key Realty Inc., Andrew Rodman
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lock and Key Realty Inc.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.