Sold for $4,370,000

$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

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$29,643/mo

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$29,643/mo

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What's special

Hot water condensing boiler

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!

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: 42
Parking features: Paved Drive, Off Street, Common
Garage spaces: 7
Uncovered spaces: 35

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 & HOA

Community

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

Location

Region: Springfield

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $1,192,300
Annual tax amount: $61,395
Date on market: 11/17/2025
Total actual rent: 0

Price history

Date	Event	Price
9/24/2024	Sold	$4,370,000-3.4%$96/sqft
Source: MLS PIN #73203773 Report a problem
2/20/2024	Listed for sale	$4,525,000$99/sqft
Source: MLS PIN #73203773 Report a problem