J
Seller's Agent in 2024
Jim Charles
Lock and Key Realty Inc.
(413) 320-9979
4 in this area
34 Total Sales
202 Pearl St Springfield, MA 01105
Metro Center Neighborhood
53
Beds
46
Baths
45,750
Sq Ft
0.64
Acres
Highlights
- Medical Services
- Property is near public transit and schools
- Balcony
- 0.64 Acre Lot
- Wood Flooring
- Porch
About This Home
As of September 2024Attention 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $61,395
Year Built
- Built in 1927
Lot Details
- 0.64
Parking
- 7 Car Garage
- Common or Shared Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Rubber Roof
Interior Spaces
- 45,750 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Insulated Doors
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 53 Bedrooms
- 46 Full Bathrooms
Outdoor Features
- Balcony
- Porch
Additional Features
- 0.64 Acre Lot
- Property is near public transit and schools
Community Details
- 46 Units
- Medical Services
- Operating Expense $10,140
Listing and Financial Details
- Assessor Parcel Number S:09585 P:0059
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | Sold | $4,370,000 | -3.4% | $96 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 02/20/2024 02/20/24 | For Sale | $4,525,000 | -- | $99 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,825 | $1,710,800 | $315,000 | $1,395,800 |
| 2024 | $27,132 | $1,689,400 | $294,000 | $1,395,400 |
| 2023 | $20,329 | $1,192,300 | $191,100 | $1,001,200 |
| 2022 | $21,304 | $1,132,000 | $174,300 | $957,700 |
| 2021 | $22,001 | $1,164,100 | $174,300 | $989,800 |
| 2020 | $21,180 | $1,084,500 | $174,300 | $910,200 |
| 2019 | $18,481 | $939,100 | $136,500 | $802,600 |
| 2018 | $15,280 | $776,400 | $136,500 | $639,900 |
| 2017 | $15,016 | $763,800 | $136,500 | $627,300 |
| 2016 | $14,014 | $712,800 | $136,500 | $576,300 |
| 2015 | $13,519 | $687,300 | $136,500 | $550,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Charles
-
Drew Rodman
Buyer's Agent in 2024
Drew Rodman
Lock and Key Realty Inc.
(413) 386-3558
3 in this area
108 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73203773
APN: SPRI S:09585 P:0059
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.
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