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38 Palmer Avenue, Springfield, MA 01108

Beds
11
Baths
3
Sqft
3,856

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMichelle Lorenzetti
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
11
Number of bathrooms
3
Square feet
3,856
Lot size (acres)
0.16
Year built
1895

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Baseboard
Cooling
None
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$1,434

Taxes

Tax Annual Amount (2024)
$5,304

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73364870 Last checked:

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