$319,900

123 Pine St Springfield, MA 01105

$3,799
Closing credit¹
4 beds
2 full
1,588 sqft
0.4 acres
$201 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size1,588 sqft
Lot size0.4 Acres
Year built1909
ParkingOff Street
MLS #73347086

Summary

  • Full Bathrooms: 2
  • Total Bedroom Count: 4
  • Parking: Off Street
  • Exterior: Professional Landscaping
  • List Price: $319,900
  • Price/SqFt: $201
  • Annual Tax Amount: $2,748
  • Tax Year: 2024
  • Lot: Wooded
  • Directions: GPS
  • Year Built: 1909
  • Stories: 3
  • Living Area: 1,588 SqFt
  • Lot Size: 0.4 Acres
  • MLS Number: 73347086
  • MLS Name: MLS Property Information Network
  • Office Name: MIG
  • Office Phone: (617) 651-5406
  • Listing Agent: Irving Lora

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 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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view of front of property featuring fence

$319,900

123 Pine St

$3,799

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,533. Residents of Springfield, MA typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

52%
<35k
34%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
28%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
29%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

In March 2025 more than 63 listings in Springfield, MA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 17 were sold below. The inventory of homes for sale in Springfield, MA between February and March 2025 increased by 16.1%. In March 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $304,000.

From Rocket Homes Real Estate and based on county public records data.

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