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38 Palmer Avenue, 
Springfield, MA 01108

$449,999

11

Beds

3

Baths

3,856

Sq Ft

Multi-Family

Active

Listed by

Michelle Lorenzetti

, 

Michelle Lorenzetti

Michelle Lorenzetti

860-335-0681

Last updated:

April 30, 2025, 10:35 AM

MLS#

73364870

Source:

MLSPIN

About This Home

38 Palmer Avenue

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.

Home Facts

Multi-Family

3 Baths

11 Bedrooms

Built in 1895

Price Summary

449,999

$116 per Sq. Ft.

MLS #:

73364870

Last Updated:

April 30, 2025, 10:35 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

11

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,856 Sq. Ft.

Structure

Structure

Building Area:

3,856 Sq. Ft.

Year Built:

1895

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$449,999

Price per Sq. Ft:

$116 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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