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Properties

  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
  • 127 Dickinson St, Springfield, Massachusetts, 7 Bedrooms Bedrooms, 16 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Dickinson St,73469357
Property Description

RARE 10.8% CAP RATE – 16% CASH ON CASH 4-UNIT INVESTMENT IN FOREST PARK. Presenting a premier high-yield asset at 127 Dickinson St, a 4-unit residential portfolio offering immediate double-digit returns. This legal 4-family features four spacious 2-bedroom/1-bath units, providing a robust unit mix for the Springfield market. The building has undergone significant capital improvements, including updated electrical (circuit breakers), plumbing, and newer hot water heaters. Interiors feature refreshed kitchens, updated flooring, and fresh paint in 2 of 4 units. While currently stabilized, an identified 17% rental upside exists by transitioning current rents to market levels. Situated on a prominent corner lot in the Forest Park neighborhood. Features include 4 dedicated off-street parking spaces, private porches for each unit, and a fenced-in yard. Separated utilities (Natural Gas & Electric). This asset delivers on every metric. Full underwriting package available upon request.

Features
Heating System:
Electric, Natural Gas
Cooling System:
No
Basement:
Full, Unfinished
Construction:
Frame
Sewer:
Public Sewer
Water:
Public
Disclosure
Garage Parking
Lead Paint:
Unknown
Rent Fee Includes:
Unit 1(water), Unit 2(water), Unit 3(water)
Additional Information
Area:
Forest Park
Market Time:
25
Parking Spaces:
2
Tax Year:
2024
Status:
Closed
Price Per Sqft:
$123
Zoning:
R3
No Units:
4
Orig Price:
$459,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Sold
Address Map
City:
Springfield
State:
MA
County:
Hampden
Postal Code:
01108
Longitude:
W73° 26' 2''
Latitude:
N42° 5' 26.8''
  • Google Map

Residential Income

127 Dickinson St, Springfield, Massachusetts

7 Bedrooms
4 Total Bathrooms
3,744 Sqft
$459,000
Listing ID #73469357
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$459,000
Bedrooms :
7
Rooms :
16
Total Bathrooms :
4
Full Bathrooms :
4
Square Footage :
3,744 Sqft
Year Built :
1909
Lot Area :
0.16 Acre
Listing ID :
73469357
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

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.

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