USAMASpringfield127 Dickinson St
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127 Dickinson St, Springfield, MA

Real Estate

For Sale

Listed price in listed location currency (USD).
$459,000

742

MLS® 73469357

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7290 sqft
Garage No
Taxes $4,956
Days Active 2
Lot Size 0.16 acres
Approx. Age 1909
Avg. Price Per Sqft $62
MLS® Number 73469357

Property Address: 127 Dickinson St, Springfield, MA, 01108-1230

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number73469357
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1909
BasementFull, Unfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$459,000List Price
  • Commute

Commute

Starting Address
Destination Address
127 Dickinson St, Springfield, MA

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