216 Pearl StreetSpringfield, MA 01105MLS Number 73076462

  • Price: $5,999,900
  • Est. Mortgage of $/month
  • 300 Days on Market
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* 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.
  • 0.44Acreage
  • 52Bathrooms
  • 1914Year Built
  • 47,980Square Feet

Driving Directions

ATTENTION APARTMENT INVESTORS!!! 216-226 Pearl Street consists of a total of 52 units (two adjacent buildings of 26 units each). $72k monthly rents (proforma). 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 an 8-unit section of building is master leased (extended in Feb 2023 for 2 years). Tons of capital work put into this building - new roof (APO 2018); new heating systems; porch removals; nearly 50 units turned over; and much more. Offering Memorandum, Rent Roll, and Capital Expense list in attachments.
Listed by Zuleika Rivera, Robert Couture, Veronique Leroy and Tiffany Pryor of CP Property Group,LLC

Ask A Question

Do not fill in this field:

More Info

Basic Information

  • Gross Income $862,673
  • Mls StatusActive
  • Parcel Number S:09585 P:0140,4694555


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

Property Information

  • Building Area Source Public Records
  • Living Area 47,980
  • Lot Size Square Feet 19,140
  • Lot Size Units Acres
  • Square Feet47,980

Tax Information

  • Tax Assessed Value $1,585,800
  • Tax Year 2022
  • Taxes$29,845


  • Bathroom52
  • Bathrooms Total Decimal 52
  • Full Bath52


  • BasementInterior Entry, Concrete
  • Building Area Units Square Feet
  • FoundationOther
  • Garage Spaces
  • Rooms99
  • Stories4
  • Units52
  • Year Built1914
  • Year Built Details Actual
  • Year Built Source Public Records


  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces36

Basic Information

  • List Price$5,999,900
  • MLS Number73076462
  • Modification Date08/30/2023
  • Property SubType5+ Family - 5+ Units Up/Down


  • Acreage0.44


  • Sewer Public Sewer
  • Water Source Public


  • Buyer Agency Compensation2
  • Date Listed02/05/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count102
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:


Do not fill in this field: