127 Dickinson Street

Springfield, MA 01108

$459,000 PRICE Sold on 02/20/2026
7 Beds
4 Baths
3,744 Sqft
0.16 Acres
1909 Built

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

Jacob Wint
Global Real Estate Advisor
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Additional Information

ADDITIONAL INFORMATION

BASEMENT DESCRIPTION: Full, Unfinished
DAYS ON MARKET: 25
LIVING AREA SQFT: 3744
ON MARKET DATE: 2026-01-16
PARKING SPACES: 2
SEWER: Public Sewer
TAX AMOUNT: $4,956
TAX YEAR: 2024
TYPE: Residential Income
UNIT COUNT: 4
YEAR BUILT: 1909
YEAR BUILT DETAILS: Actual

AMENITIES

Park

INTERIOR/EXTERIOR FEATURES

BEDS: 7
CONSTRUCTION MATERIALS: Frame
FOUNDATION: Concrete Perimeter
FULL BATHS: 4
HEAT: Natural Gas, Electric
LIVING SQFT SOURCE: Public Records
ROOF: Shingle
ROOMS: 16

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Location for 127 Dickinson Street, Springfield, MA

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Pioneer Valley

, Massachusetts

The Pioneer Valley, comprising the three Massachusetts counties of Hampden, Hampshire and Franklin, is known for its robust economy, unparalleled scenery and as a tourist destination.

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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, landlords 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, leasing or renting 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, leasing or renting. 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. Listing Courtesy of Jacob Wint of William Pitt Sotheby's International Realty (860.777.1800).