38 Palmer Avenue new Save Request In-Person Tour Request Virtual Tour
Springfield,MA 01108
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,856 sqft
Price per Sqft $116
MLS Listing ID 73364870
Bedrooms 10
Full Baths 3
Year Built 1895
Annual Tax Amount $4,651
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Owner/occupant with 20% down could live rent free in this income producing property as rent from 2 apartments would cover mortgage payments. Investors take notice this 3 family home has been completely renovated and is Lead Compliant! You do not want to miss the income potential in this property! 1st and 2nd flr units have 3-4 bedrooms with one bath, 3rd flr unit has 2-3 bed 1 bath. Gas Heat in all 3 units. First and Second Floors have new furnaces, new water heaters, kitchens updated, new tile flooring in bathrooms, hardwood floors, interior walls in the units have been redone, and so much more. New roof 2021. 1st and 2nd floor 1,383 sq ft units will be delivered vacant for owner/occupant or to rent out (previous tenant's paid $1,760 and $1,590 respectively, but market rates are now higher). 3rd floor 1,037 sq ft unit is rented for $940.
Location
State MA
County Hampden
Zoning R2
Interior
Heating Baseboard,Natural Gas
Cooling None
Flooring Tile,Laminate,Hardwood,Wood,Stone/Ceramic Tile
Exterior
Exterior Feature Rain Gutters
Fence Fenced/Enclosed,Fenced
Community Features Public School,Sidewalks
Roof Type Metal
Building
Lot Description Level
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Pboe
Middle Schools Pboe
High Schools Pboe