FOR SALE0.64 ACRES
202-212 Pearl St
Springfield, MA 01105
Metro Center
53 Beds
46 Baths
45,750 sqft (on 0.64 acres)
- 53 Beds
- 46 Baths
- 45,750 sqft (on 0.64 acres)
53 Beds
46 Baths
45,750 sqft
(on 0.64 acres)
Local Information
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Commute Destination
Description
Attention 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!
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Contact Manager
HOA
None
Price/Sqft
$99
Listed
23 days ago
Home Details for 202-212 Pearl St
Interior Features |
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Interior Details Basement: Full,SlabNumber of Rooms: 99 |
Beds & Baths Number of Bedrooms: 53Number of Bathrooms: 46Number of Bathrooms (full): 46 |
Dimensions and Layout Living Area: 45750 Square Feet |
Appliances & Utilities Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer HookupLaundry: Electric Dryer Hookup,Washer Hookup |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: Insulated WindowsDoor: Insulated DoorsFlooring: Vinyl, Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 4Floors: Vinyl, Hardwood |
Exterior Features |
|---|
Exterior Home Features Roof: RubberPatio / Porch: PorchExterior: BalconyFoundation: Brick/Mortar |
Parking & Garage Number of Garage Spaces: 7Number of Covered Spaces: 7Has a GarageHas Open ParkingParking Spaces: 35Parking: Paved Drive,Off Street,Common |
Frontage Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 23 |
Property Information |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Family - 5+ Units Up/Down |
Building Construction Materials: BrickDoes Not Include Home Warranty |
Property Information Parcel Number: S:09585 P:0059 |
Price & Status |
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Price List Price: $4,525,000Price Per Sqft: $99 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Springfield |
Agent Information |
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Listing Agent Listing ID: 73203773 |
Building |
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Building Area Building Area: 45750 Square Feet |
Community |
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Community Features: Public Transportation, Medical Facility, Public School, UniversityNot Senior Community |
Lot Information |
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Lot Area: 0.64 acres |
Compensation |
|---|
Buyer Agency Commission: 1.25Buyer Agency Commission Type: %Transaction Broker Commission: tbd |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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BasementMls Number: 73203773Compensation Based On: Net Sale Price |
Additional Information |
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Public TransportationMedical FacilityPublic SchoolUniversity |
Last check for updates: 1 day ago
Listing courtesy of James Charles
Lock and Key Realty Inc.
James Charles
Source: MLS PIN, MLS#73203773
Price History for 202-212 Pearl St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/20/2024 | $4,525,000 | Listed For Sale | MLS PIN #73203773 |
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Comparable Sales for 202-212 Pearl St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $331,000 | 12/18/23 | 8 | 3 | 3,500 | |
0.27 | Multi-Family Home | $420,000 | 08/23/23 | 9 | 3 | 5,652 | |
0.28 | Multi-Family Home | $450,000 | 05/22/23 | 8 | 4 | 3,072 | |
0.21 | Multi-Family Home | $220,000 | 09/27/23 | 7 | 6 | 3,501 | |
0.37 | Multi-Family Home | $320,000 | 02/02/24 | 6 | 5 | 6,012 | |
0.34 | Multi-Family Home | $400,000 | 03/29/24 | 9 | 3 | 3,853 | |
1.45 | Multi-Family Home | $2,090,000 | 04/05/24 | 32 | 22 | 22,316 | |
0.29 | Multi-Family Home | $315,000 | 06/06/23 | 4 | 2 | 3,326 | |
0.55 | Multi-Family Home | $630,000 | 02/29/24 | 8 | 6 | 6,072 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Metro Center
- Trulia User
- Resident
- 8mo ago
"The area is very dark at night. No street light. Is very scary at night. There are no side walks on most of the streets "
- Nels M.
- Resident
- 1y ago
"Mattoon is a beautiful, historic street right downtown. 5min walk to Granny's Baking table, White Lion Brewery, bars, restaurants etc. and you can be on 291 or 91 in a minute or two. "
- Joannaly31
- Resident
- 4y ago
"Easy to get anywhere i want too highways near my job only 10 minutes away is wonderful for gas mileage"
- Mona L. J.
- Resident
- 5y ago
"Main Library, Art Museums, Animal and History museums, 5 star Hotels The Marriott and Sheraton, Tower Square, City Hall and Basketball Hall of Fame Museum, MGM Casino Metro Center of Springfield MA, Union Square Transportation Center both bus and trains. "
- Vilmary S.
- Resident
- 5y ago
"its close to union station and some clubs, close to work and family and friends as well as easy to get places "
- Vilmary S.
- Resident
- 5y ago
"my neighborhood has easy access to transportation .And ok resturants near by.Also not so far from the MGM casino downtown springfield."
- Jahina E.
- Resident
- 5y ago
"dog owners seem to love the neighborhood and look how people are so nice to them and welcoming. skewed"
- Danadavies
- Resident
- 5y ago
"Close to restaurant and clubs and within walking distance of my job and my daughters school and job."
- Mona L. J.
- Resident
- 5y ago
"I've been here for 4 years taking care of my Mom due to a terminal illness and I am battling an illness myself as the best medical centers are less than a mile away from mother's apartment and there's a police station right next door to apartment building also and the MGM Casino will be open in a month and everything that is needed is readily accessible within a 2-3 mile radius. My mother 💘 loves living here and has been here for over 33 years and has no intentions of leaving to live somewhere else. "
- Danadavies
- Resident
- 5y ago
"I chose this location because it is close to work and entertainment. I can walk to work when the weather is good."
- Geniusugo
- Resident
- 5y ago
"There are so many talented people in this neighborhood. I love that. Have lived here for over 5 years and I see potential here. "
- Battistonisarai
- Resident
- 6y ago
"I have live here for 11 yrs it's not the best neighborhood but people are friendly..too many people up and down the stree makes it a little nervous to others but overall people are respectful as long you mind your business. "
- ymiok
- 10y ago
"There are 208 registered sex offenders in Springfield, MA, of which 70 live within a 1 mile radius of the given address. Certainly not an area one might want to raise their children..."
- JJ
- 12y ago
"A lot of new coffeeshops, galleries, and music venues have opened up... In Spfld, there's tons of high culture, low culture, bars, clubs--everything interesting is here, in my opinion... Plus, it's New England on an artists budget -- like San Fran used to be way back when... I love Springfield and I recommend it to other artists who want to find like-minded people."
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James Charles, Lock and Key Realty Inc.
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
202-212 Pearl St, Springfield, MA 01105 is a 53 bedroom, 46 bathroom, 45,750 sqft multi-family built in 1927. 202-212 Pearl St is located in Metro Center, Springfield. This property is currently available for sale and was listed by MLS PIN on Feb 20, 2024. The MLS # for this home is MLS# 73203773.