Multi-Family Home for Sale: 216 Pearl St, Springfield, MA 01105

99 beds
52 full baths
47,980 sqft
$6,200,000
$6,200,000
216 Pearl St, Springfield, MA 01105
99 beds
52 full baths
47,980 sqft
$6,200,000
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Walk Score
77
Price:
$6,200,000

Type: Multi-Family
Beds: 99
Total Baths: 52 full baths
Square Feet: 47,980 sqft
Lot Size: 0.44 acres
Year Built: 1914

City: Springfield
County: Hampden

MLS: 73012862
Status: Active Under Contract
DOM: 32 days
Listed by CP Property Group, LLC, Robert Couture
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.

Lot & Building Features

Construction: Brick
Cooling: Other
Heating: Other
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $29,845
Water: Public
Foundation: Other
Roof: Rubber
Full Baths: 52
Parking: Assigned, Paved Drive, Off Street, Leased
Total Rooms: 11
Basement Feature: Concrete, Interior Entry
Garage Spaces: 0

Price History of 216 Pearl St, Springfield, MA

Date Name Price Difference
07/15/2022 Listing Price $6,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 216 Pearl St, Springfield, MA

Location Map Street View Walk Score Bird's Eye
Photo of Jacqui McCartin, ABR, BHHSLES, CIPS, CRS, ECERT, Luxury, ePRO
Direct: 603-340-0187
Office
1 Club Acre Ln
Bedford, NH 03110
603-472-1010
MLS PIN

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: CP Property Group, LLC

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.