57 Pearl Street

Springfield, MA 01105

$269,900
Price
4
Beds
1
Bath
1
1/2 Bath
3,278 Sq. Ft.
$82 / Sq. Ft.
3,278
Sq. Ft.
$82
per Sq. Ft.

Description

Investors take notice! This historic mixed-use building in downtown Springfield has been REZONED and UPGRADED with brand-new windows throughout, updated plumbing, new heating systems for both floors, and a brand-new hot water heater. The first floor features a versatile commercial space, perfect for retail, office, or business use, offering high visibility and foot traffic. Upstairs, a spacious residential apartment with a separate entrance presents rental income potential or owner-occupancy. This...Investors take notice! This historic mixed-use building in downtown Springfield has been REZONED and UPGRADED with brand-new windows throughout, updated plumbing, new heating systems for both floors, and a brand-new hot water heater. The first floor features a versatile commercial space, perfect for retail, office, or business use, offering high visibility and foot traffic. Upstairs, a spacious residential apartment with a separate entrance presents rental income potential or owner-occupancy. This property is move-in ready and just needs the final creative touches from a savvy investor. Don’t miss out on this INCREDIBLE INVESTMENT OPPORTUNITY in a prime location close to shops, restaurants and public transportation!
  1. Listed by Kelley & Katzer Team • Kelley & Katzer Real Estate, LLC
  2. Listed by Brian Calandruccio • Kelley & Katzer Real Estate, LLC

Property Details for 57 Pearl Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 12/09/2024 03:08 AM

Property Details for 57 Pearl Street

StatusActive
MLS #73298342
Days on Market53
Taxes$5,569 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1850
CountyHampden County

Building Information for 57 Pearl Street

Stories3Residences2Year Built1850Building Size-Lot Size0.22 AC / 9,614 SF

Property Information for 57 Pearl Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 3278.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Interior Access, Bulkhead
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Interior Features: Office/Den, Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Steam, Oil, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Buyer financing fell through.The property is zoned B1 (residential/commercial) with two commercial spaces on first floor and a four bedroom apartment on second floor. Seller is a licensed real estate agent in Mass. Buyer to verify any & all information and uses.
Tax Information
  • Tax ID: 2600841
  • Assessments: $272,200
  • Book: 0
  • Tax Year: 2024
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $42,840.00
  • NOI: $42,840.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,570.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 0

Property History for 57 Pearl Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 57 Pearl Street

Taxable ValueLand$80,900Additions$191,300Total$272,200
Tax Record2023$5,569 ($464 / month)
Home Facts
Baths2Total Finished SqFt4,917 SqFtAbove Grade Finished SqFt4,917 SqFtStories2Lot Size9,614 SqFtStyleOffice BuildingYear Built1845ZoningB1CountyHAMPDENAPNSPRI S:09585 P:0122

Schools near 57 Pearl Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lincoln
PublicPK to 5

High School/Science-Tech
Public9 to 12

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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57 Pearl Street is a multi-family home for sale in Springfield, MA 01105. This property was listed for sale on October 3, 2024 by Kelley & Katzer Real Estate, LLC, it's currently listed at $269,900. This listing's school district is Springfield School District. Nearby schools include Lincoln, Chestnut Accelerated Middle School (Talented And Gifted) and High School/Science-Tech. 57 Pearl Street is a 4-bed, 1.5-bath, 3,278 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kelley & Katzer Real Estate, LLC, Kelley & Katzer Team; Kelley & Katzer Real Estate, LLC, Brian Calandruccio

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.