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Sold on 01/19/2026
  • Other
  • Exterior
  • Living
  • Dining
  • Kitchen
  • Bedroom
  • Bath

127 Dickinson St, Springfield, MA 01108

$459,000

Last sold 01/19/2026 after 3 Days

  • 7

    bed

  • 4

    bath

  • 3,744

    Sqft ($123/Sqft)

Multi-family not for sale
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About 127 Dickinson St

Property type Multi-family
Neighborhood
Year built 1909
HOA fee $0/month
Lot size 7,291 Sqft
Movoto estimate
Property 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.
Listed by
Listing Agent - Jacob Wint
Listing Office - William Pitt Sotheby's International Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73469357 • last updated 7 months ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Cooling/AC None
Heating Electric, Natural Gas
Levels/Style 4, 4
MLS # 73469357
Type Residential Income
Status Closed
SubType 4 Family
SqFt 3744
Lot Size (SqFt) 7291
Lot Size (Acres) 0.16
Annual Property Tax 4956
Year Built 1909
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 7
Basement Full, Unfinished
Total # of Rooms 16
Exterior
Foundation Concrete Perimeter
Roof Shingle
Construction Frame
# Parking Spaces 2
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Zoning R3
APN 2581358
Directions Dickinson Street
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 77400
Total Actual Rent 6500
Financial Data Source Owner, Projected, Limited Information
Gross Income 77400
$454K
Range: $413K-$494K
Last 30 days 
  • Feb 2026
    mls logo MLS # 73469357
  • Feb 21, 2026 Sold
    $459,000
  • Jan 27, 2026 Active
    —
  • Jan 16, 2026 Listed
    $459,000 (-2.3%)
  • Jan 2026
    mls logo MLS # 73384418
  • Jan 10, 2026 Price Change
    $469,999 (-3.9%)
  • Aug 25, 2025 Price Change
    $489,000 (-2.2%)
  • Jul 16, 2025 Price Change
    $499,999 (-5.7%)
  • Jul 16, 2025 Price Change
    $529,999 (-11.7%)
  • Jun 3, 2025 Listed
    $599,999 (+20.2%)
  • Jan 2024
    mls logo MLS # 73191801
  • Jan 8, 2024 Listed
    $499,000 (+99.6%)
  • Jun 2020
    mls logo MLS # 72624153
  • Jun 20, 2020 Sold
    $250,000 (-7.1%)
  • Feb 26, 2020 Listed
    $269,000 (+244.9%)
  • Nov 2011
    mls logo MLS # 71144725
  • Nov 17, 2011 Sold
    $78,000 (-17.9%)
  • Sep 30, 2010 Listed
    $95,000
  • Year Property taxes Tax assessment
  • 2025
    $5,306 -1.1%
    $338,400 +1.29%
  • 2024
    $5,366 +0.9%
    $334,100 +14.89%
  • 2023
    $5,317 +24.5%
    $290,800 +28.11%
  • 2022
    $4,272 +4.6%
    $227,000 +5.0%
  • 2021
    $4,086
    $216,200
  • 127 Dickinson St
    $459K
  • Forest Park
    $324K -3% y/y
  • 01108
    $275K -11% y/y
  • Springfield
    $299K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Sumner Avenue School
public Grades PK, K-5
Springfield School District
2/10
Forest Park Middle School
public Grades 6-8
Springfield School District
2/10
High School Of Commerce
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • MA
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