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Lisa Sevajian

lisa.sevajian@compass.com +1(978) 457-3406

$ 449,999

Est. payment -/mo

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38 Palmer Avenue Springfield, MA 01108

10 Beds

3 Baths

3,856 SqFt

UPDATED:

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

Acres 0.16

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

Direction GPS FRIENDLY

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen

Heating Baseboard, Natural Gas

Cooling None

Flooring Tile, Laminate, Hardwood, Wood, Stone/Ceramic Tile

Appliance Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Exterior

Exterior Feature Rain Gutters

Fence Fenced/Enclosed, Fenced

Community Features Public School, Sidewalks

Roof Type Metal

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Pboe

Middle Schools Pboe

High Schools Pboe

Others

Senior Community false

Listed by Michelle Lorenzetti

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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Lisa Sevajian

38 Palmer Avenue Springfield, MA 01108

Key Details

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38 Palmer Avenue