#73325398, Lisa Luciano, Listing Office: Fathom Realty
123 Pine St Springfield, MA 01105
Property details
About 123 Pine St
Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total monthly income is $2,700. Tenants pay their own electricity. Multiple investment strategies make this a rare opportunity for savvy buyers.
Highlights
Summary
- MLS Number: 73347086
- MLS Name: MLS Property Information Network
- Office Name: MIG
- Office Phone: (617) 651-5406
- Listing Agent: Irving Lora
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Last updated on: 4/3/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$319,900
123 Pine St
$3,799
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 16, 2024 | Home Sold | $200,000 |
Feb 28, 2020 | Home Sold | $105,000 |
Jan 02, 2009 | Home Sold | $10,300 |
Apr 18, 2006 | Home Sold | $145,000 |
Sep 06, 2005 | Home Sold | $96,000 |
Jul 31, 1997 | Home Sold | $25,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $171,100 | $2,748 |
2023 | $145,100 | $2,474 |
2022 | $155,000 | $2,917 |
2021 | $136,000 | $2,570 |
2020 | $119,500 | $2,334 |
2019 | $98,600 | $1,940 |
History based on county public records data.
Nearby schools
5
Milton Bradley School
Public District PK-5
0.4 mi
•22 Mulberry St
5
Elias Brookings
Public District PK-5
0.5 mi
•433 Walnut St
1
William N. Deberry
Public District KG-5
0.6 mi
•670 Union St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,533. The majority of Springfield, MA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 123 Pine St in Springfield, MA and zip code 01105 in the Six Corners neighborhood. This 1,588 square foot home, which was built in 1909, sits on a 0.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $319,900.
Over 63 listings were sold over their listed price in March 2025 in Springfield, MA. In the same period over 17 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Springfield, MA between February and March 2025 increased by 16.1%. The median list price of listings available in March 2025 was $304,000, while the average time on the real estate market was 34 days.