Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

216 Pearl St

Springfield, MA ID #73076462

1/42
2/42
3/42
4/42
5/42
6/42
7/42
8/42
9/42
10/42
11/42
12/42
13/42
14/42
15/42
16/42
17/42
18/42
19/42
20/42
21/42
22/42
23/42
24/42
25/42
26/42
27/42
28/42
29/42
30/42
31/42
32/42
33/42
34/42
35/42
36/42
37/42
38/42
39/42
40/42
41/42
42/42

216 Pearl St

- Springfield, MA ID #73076462

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01105
  • Taxes: 29,845
  • Living Levels: 4
  • Acres: 0.44
  • Selling Broker Compensation: 1
  • Buying Broker Compensation: 2

Parking

  • Parking: Paved Drive
  • Parking Spaces: 36

Rooms/Dimensions

  • Total Units: 52
  • Total Floors: 4
  • Total Rooms: 99

Location

Get Directions
Luxury Condo Buildings
Luxury Apartment Buildings
More buildings

Request more Information or schedule a tour of:
216 Pearl St, Springfield, MA

When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are purchasing a luxury home, condo or renting an apartment, we pledge to make your experience as stress free and enjoyable as possible.

For prompt, expert service and answers to all your questions, please send us a message or call anytime at
617-233-5800

* Required Fields.

By submitting your information you agree to our Terms and Conditions and Privacy Policy.

Request Info
Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Zuleika Rivera of CP Property Group, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.