Home For Sale In Springfield, Massachusetts

house for sale

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Listed: 02/27/24

202;204;206 Pearl Street, Springfield, MA 01101, USA

53 Bed:

46 Bath:

45,750 Sq Ft Living Area:

Price

$ 4,53M

Sold

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About This House

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 buildings202-206Pearl st and208-212Pearl st and 1 parking lot featuring 35 parking spaces along with 7 garages with one oversized garage. 202-206Pearl 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. 208-212Pearl 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! Dont miss out on this rare opportunity to own a nice income producing property in this growing Springfield market!

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Home For Sale In Springfield, Massachusetts

202;204;206 Pearl Street, Springfield, MA 01101, USA

About This House

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