127 Dickinson St Springfield, MA $ 459,000
127 Dickinson St
$ 459,000
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127 Dickinson St

Springfield, MA, 01108
$ 459,000
Bedrooms7 Baths4.0 Sq 7,290

Monthly Estimate*

$ 2,826

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Multi-Family Home for sale in Springfield, MA

for $459,000 with 7 bedrooms and 4 full baths. This 7,290 square foot home was built in 1909 on a lot size of 0.16.

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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Multi-Family Active

Price

$ 459,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,956

Style

4 Family

Lot Size

0.16

Year Built

1909

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73469357

List By
Jacob Wint

Listing Agent

William Pitt Sotheby's International Realty

Broker

Affordability Calculator

$3,239
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,826
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
1/17/2026$459,000 Listed Price

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127 Dickinson St, Springfield, MA, 01108 is a Multi-Family Home for sale at $459,000 with 7,290 sqft and a lot size of 0.16. 127 Dickinson St has 7 bedrooms, 4.0 baths, and was built in 1909. The property's zip code is 01108 which is in Springfield, MA