BMN Boston

Get our mobile app!

Download on the App Store

127 Dickinson St, Springfield MA 01108

Springfield, MA 01108 • Forest Park
$459,000
Est. $2,934/month
7
Beds
4
Baths
7,290
Sq Ft
$63
Price/Sq Ft
0.16
Acres
1909
Year Built
18 hours 39 minutes
Time on Market
Active Listed Jan 16, 2026 • MLS# 73469357 Copied!

About this home

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.

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1909
Bedrooms
7
Full Bathrooms
4
Living Area
7,290 sq ft
Total Rooms
16
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1909
Living Area 7,290 sq ft
Lot Size 0.16 acres
Bedrooms 7
Full Baths 4
Total Rooms 16

Interior

Heating Electric, Natural Gas
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,956
Assessed Value $421,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Electric, Natural Gas
Heating Zones: 4
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Location

Loading map...

Neighborhood

Forest Park

127 Dickinson St, Springfield MA 01108

Springfield, MA 01108

Walkability

Loading Walk Score...

Nearby Schools

School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
B+
Veritas Preparatory Charter School
0.5 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
Your Educational Success Academy
1.2 mi
Grades K-12
St. Michael's Academy
1.4 mi
Grades PK-08
D
The Springfield Virtual School
1.6 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
A
Alfred G. Zanetti Montessori Magnet School
2.4 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
Pioneer Valley Christian Academy
2.7 mi
Grades PK-12
Academy Hill School
3.2 mi
Grades PK-08
A+
Springfield Preparatory Charter School
3.4 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Pioneer Valley Montessori School
3.7 mi
Grades PK-06
Grace Academy
3.7 mi
Grades K-12
M

Middle Schools

10 schools
C
John J. Duggan Middle School
2.6 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
Forest Park Middle School
0.4 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
Springfield Commonwealth Academy
0.7 mi
Grades 06-08
F
South End Middle School
1.0 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
C+
STEM Middle Academy
2.1 mi | #12 of 16 | Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students Diverse
Rising School
Grades 06-08
Springfield Middle School
2.9 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.9 mi | #352 of 352 | Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students Diverse
Grades 06-08
C
Van Sickle Prep School
2.9 mi | #13 of 16 | Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
2.9 mi | #10 of 16 | Score: 28.3
Improved 340 spots from last year
-29.9 below state avg
262 students Moderate
Rising School
Grades 06-08
D
Springfield Legacy Academy
3.0 mi | #16 of 16 | Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students Less Diverse
Rising School
Grades 06-08
H

High Schools

10 schools
C
Emergence Academy
1.2 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
1.3 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
1.6 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
2.9 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
3.2 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
C-
High School of Commerce
1.2 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
Pope Francis Preparatory School
1.4 mi
18 sports • 1,124 athletes
Strong Athletics
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.5 mi | #340 of 346 | Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students Moderate
College Ready Curriculum
Grades 09-12
B+
Gateway to College at Springfield Technical Community College
1.5 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.0 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $413
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 16, 2026
$459,000
Original listing
Office: William Pitt Sotheby's International Realty

Price & Status History

Date Event Price Change
Jan 16, 2026 New Listing Added $459,000

Market Statistics

Time on Market
18 hours 39 minutes
Price per Sq Ft
$63

Tax History

Year Taxes Assessment
2024 $4,956 $421,700

Financial Details

Annual Property Tax
$4,956
Tax Year 2024
Assessed Value
$421,700

Listing Information

Listing Agent Jacob Wint
Listing Office William Pitt Sotheby's International Realty
Agent MLS ID CN244718
Office MLS ID AN6668
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Springfield, MA

Real-time market trends and pricing data for this area

127 Dickinson St, Springfield MA 01108 - Photo 1 127 Dickinson St, Springfield MA 01108 - Photo 2 127 Dickinson St, Springfield MA 01108 - Photo 3 127 Dickinson St, Springfield MA 01108 - Photo 4 127 Dickinson St, Springfield MA 01108 - Photo 5 127 Dickinson St, Springfield MA 01108 - Photo 6 127 Dickinson St, Springfield MA 01108 - Photo 7 127 Dickinson St, Springfield MA 01108 - Photo 8 127 Dickinson St, Springfield MA 01108 - Photo 9 127 Dickinson St, Springfield MA 01108 - Photo 10 127 Dickinson St, Springfield MA 01108 - Photo 11 127 Dickinson St, Springfield MA 01108 - Photo 12 127 Dickinson St, Springfield MA 01108 - Photo 13 127 Dickinson St, Springfield MA 01108 - Photo 14 127 Dickinson St, Springfield MA 01108 - Photo 15 127 Dickinson St, Springfield MA 01108 - Photo 16 127 Dickinson St, Springfield MA 01108 - Photo 17 127 Dickinson St, Springfield MA 01108 - Photo 18 127 Dickinson St, Springfield MA 01108 - Photo 19 127 Dickinson St, Springfield MA 01108 - Photo 20 127 Dickinson St, Springfield MA 01108 - Photo 21 127 Dickinson St, Springfield MA 01108 - Photo 22 127 Dickinson St, Springfield MA 01108 - Photo 23 127 Dickinson St, Springfield MA 01108 - Photo 24 127 Dickinson St, Springfield MA 01108 - Photo 25 127 Dickinson St, Springfield MA 01108 - Photo 26 127 Dickinson St, Springfield MA 01108 - Photo 27 127 Dickinson St, Springfield MA 01108 - Photo 28 127 Dickinson St, Springfield MA 01108 - Photo 29 127 Dickinson St, Springfield MA 01108 - Photo 30 127 Dickinson St, Springfield MA 01108 - Photo 31 127 Dickinson St, Springfield MA 01108 - Photo 32 127 Dickinson St, Springfield MA 01108 - Photo 33 127 Dickinson St, Springfield MA 01108 - Photo 34 127 Dickinson St, Springfield MA 01108 - Photo 35 127 Dickinson St, Springfield MA 01108 - Photo 36
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Schedule a Tour