$449,999 ($116.70 per sqft)

Est. Mortgage $2,275/mo *

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38 Palmer Avenue, Springfield, MA, 01108

38 Palmer Avenue, Springfield, MA, 01108
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17 rooms

11 beds

3 Full baths

1895

3,856 sqft

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.

Status:

Active

Type:

Multi-family

Units:

3

Zoning:

R2

Heating:

Baseboard, Natural Gas

Cooling:

None

Basement:

Full, Unfinished

Levels:

6

Parking:

4-car, Off Street, Paved

Acreage:

0.16

Est. Taxes:

$5,304

Assessment

$289,600

Construction

Frame, Stone

Lot Description:

Level

Amenities:

Public School, Sidewalks

Elementary School:

Pboe

Middle School:

Pboe

High School:

Pboe

Appliances:

Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

MLS #:

73364870

Compensation Based On:

Compensation Offered but Not in MLS

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Michelle Lorenzetti, Michelle Lorenzetti Phone: 860-335-0681