Do Real Estate on the Go!
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Do Real Estate on the Go!
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$459,000
7 Beds
- 4 Baths
4 full baths
7,290sqft
127 Dickinson St, Springfield, MA 01108
$459,000
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Quadruplex
Built in 1909
$-- HOA
0.17 acre lot
$63/sq.ft
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....
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1909
HOA Fees
-
Finished Area
7,290 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73469357
MLS Status
Active
Days on Market
6
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