216 Pearl StreetSpringfield, MA 01105MLS Number 73017062

  • Price: $6,200,000
  • 137 Days on Market
$/month over payments
Federal 30-year interest rate: 6.33% last updated on Dec 8, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.99Acreage
  • 1914Year Built
  • $773,784Gross Income
  • ActiveMls Status

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


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

Tax Information

  • Tax Year 2022
  • Taxes$29,845


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


  • Buyer Agency Compensation2
  • Date Listed07/26/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count11


  • Parking Spaces36

Basic Information

  • List Price$6,200,000
  • MLS Number73017062
  • Modification Date11/25/2022


  • Acreage0.99

Property Information

  • Lot Size Square Feet 43,180
  • Lot Size Units Acres
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

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