1. Massachusetts
  2. Springfield
  3. 38 Palmer Avenue
$449,999

38 Palmer Avenue, Springfield, MA 01108

  • 11 beds |
  • 3 baths |
  • 3,856 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $117/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Pending
Listing Office:
Michelle Lorenzetti : 860-335-0681
Listing Agent:
Michelle Lorenzetti : 860-335-0681
MLS ID:
73364870

This listing courtesy of Michelle Lorenzetti, Michelle Lorenzetti

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Milton Bradley School

22 Mulberry St, Springfield, MA, 01105

Grades PK-5

0.67 miles away

S

South End Middle School

36 Margaret St, Springfield, MA, 01105

Grades 6-8

0.44 miles away

C

Conservatory of the Arts

339 State St, Springfield, MA, 01105

Grades 6-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.