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$459,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 7 Total Beds
  • 0.16 Acres
  • Updated 7 hours ago
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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.

Full Property Details for 127 Dickinson St

General

  • Price: $459,000
  • Taxes: $4,956 (2024)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73469357
  • Updated: 1/16/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Location

  • County: Hampden

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 7,290
  • Year Built: 1909

Lot Features

  • Lot Size (Acres): 0.16

Financial Considerations

  • Tax Amount: $4,956
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures/Rstr.: $35k in major repairs completed (Oct 2025–Jan 2026) based on a previous inspection reportUnit 3 is now vacnt
  • Property ID: 2581358

Listed by William Pitt Sotheby's International Realty, Jacob Wint

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Listing agent

— 127 Dickinson St —

  • Jacob Wint

    William Pitt Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 127 Dickinson St

School District:Springfield School District
NameGradesDistance
Sumner Avenue School
45 Sumner Avenue, Springfield, MA 01108
PK-50.7 mi
Springfield Public Day Elementary School
34 Nye Street, Springfield, MA 01104
K-52.4 mi
Alfred G Zanetti School
474 Armory Street, Springfield, MA 01104
PK-82.4 mi
Forest Park Middle School
46 Oakland Street, Springfield, MA 01108
6-80.4 mi
Stem Middle Academy
60 Alton Street, Springfield, MA 01109
6-82 mi
Springfield Public Day Middle School, Springfield, MA
732 Chestnut Street, Springfield, MA 01107
6-82.9 mi
Liberty Preparatory Academy
Alderman Bldg 37 Alderman Str, Springfield, MA 01108
9-120.4 mi
Springfield High School
Dickenson Bldg 37 Alderman St, Springfield, MA 01108
9-120.4 mi
High School Of Commerce
415 State Street, Springfield, MA 01105
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 127 Dickinson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$459,000
83.6%
MLS
6/11/2020
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 127 Dickinson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,306
-1%
$338,400
1%
2024
$5,366
8%
$334,100
15%
2023
$4,958
16%
$290,800
28%
2022
$4,272
5%
$227,000
5%
2021
$4,086
9%
$216,200
12%
2020
$3,760
-1%
$192,500
—
2019
$3,788
6%
$192,500
6%
2018
$3,578
9%
$181,800
9%
2017
$3,277
6%
$166,700
6%
2016
$3,079
3%
$156,600
3%
2015
$2,980
13%
$151,500
13%
2014
$2,637
—
$133,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by William Pitt Sotheby's International Realty, Jacob Wint

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127 Dickinson St, Springfield, MA 01108 (MLS# 73469357) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 127 Dickinson St is currently listed for $459,000 and was received on January 16, 2026. Want to learn more about 127 Dickinson St? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

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