216 Pearl StreetSpringfield, MA 01105MLS Number 73017062

  • Price: $6,200,000
  • 14 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
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216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105216 Pearl Street Springfield MA 01105
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  • 0.99Acreage
  • 1914Year Built

Driving Directions

ATTENTION APARTMENT INVESTORS!!! 216-226 Pearl Street consists of a total of 52 units (two adjacent buildings of 26 units each). $64k monthly rents. The building sits in the center of Springfield behind STCC; walking distance to downtown; and conveniently located with easy access to both the 291 and 91 freeways. Consists mostly of 2 and 3 bedroom units. Some tenants have mobile vouchers with local housing agencies and a section of building is master leased. Tons of capital work put into this building - new roof (APO 2018); new heatings systems; porch removals; nearly 50 units turned over; and much more. Offering Memorandum, Rent Roll, and Capital Expense list attached.
Listed by Robert Couture, Veronique Leroy and Zuleika Rivera of CP Property Group,LLC

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More Info

Basic Information

  • Gross Income $773,784
  • Mls StatusActive
  • Parcel Number S:09585 P:0140,4694555

Property

  • Acreage0.99

Property Information

  • Lot Size Square Feet 43,180
  • Lot Size Units Acres

Other

  • Date Listed07/26/2022
  • Farm Land Area Units Square Feet
  • View Count2

Tax Information

  • Tax Year 2022
  • Taxes$29,845

Location

  • Address216 Pearl Street
  • Building Number216
  • CountyHampden
  • StateMA
  • StreetPearl Street
  • TownSpringfield
  • Zip01105

Basic Information

  • List Price$6,200,000
  • MLS Number73017062
  • Modification Date07/29/2022

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1914

Springfield, MA Demographics

There is no data available

Springfield, MA Real Estate Market Data

There is no data available

Springfield, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

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