127 Dickinson St, Springfield, MA 01108

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
127 Dickinson St,Springfield, MA 01108
$459,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jacob wint
Office: william pitt sotheby's international realty
MLS#:73469357
Source:MLSPIN

Sorry, we are unable to map this address


Price summary

  • Price:$459,000

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1909
  • Listing ID #:73469357
  • Updated:February 21, 2026 at 12:54 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1909

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$459,000
  • 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.

New listings near 127 Dickinson St