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127 Dickinson St, Springfield, MA 01108

Local realty services provided by:CENTURY 21 Shawmut Properties
127 Dickinson St,Springfield, MA 01108
$459,000
  • 7 Beds
  • 4 Baths
  • 7,290 sq. ft.
  • Multi-family
  • Active
Listed by: jacob wint
Office: william pitt sotheby's international realty
MLS#:73469357
Source:MLSPIN

Price summary

  • Price:$459,000
  • Price per sq. ft.:$62.96

About this home

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.

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Home facts

  • Year built:1909
  • Listing ID #:73469357
  • Updated:January 25, 2026 at 11:31 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:7,290 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1909
  • Building area:7,290 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$459,000
  • Price per sq. ft.:$62.96
  • Tax amount:$4,956 (2024)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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