Knock, Knock. Answer the door, that's opportunity knocking. This money maker offers a 12% capitalization rate. Wow, can you make that kind of money in a bank or the stack market? I doubt it. This is a great property that has been completely renovated and is has lead compliance certificates for all units. All the hard work has been done for you. Purchase this building and provide regular maintenance and watch your equity share build. There is also additional space for one more ground level apartment. $4,000.00 closing credit if under agreement before 9-30-20.
Off market
$527,300
24 State St, Palmer, MA 01069
10beds
5,940sqft
MultiFamily
Built in 1870
-- sqft lot
$527,300 Zestimate®
$89/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Tile, Carpet
Interior area
- Total interior livable area: 5,940 sqft
Property
Parking
- Total spaces: 10
Features
- Exterior features: Vinyl
Lot
- Size: 8,276 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1870
Community & neighborhood
Location
- Region: Palmer
Other
Other facts
- Amenities: Public Transportation, Park, Conservation Area, Walk/Jog Trails, Swimming Pool
- App Dscrp 1: Range, Refrigerator, Washer, Dryer, Washer Hookup, Dryer Hookup
- App Dscrp 2: Range, Refrigerator, Washer, Dryer, Washer Hookup, Dryer Hookup
- Basement Feature: Full
- Construction: Frame
- Exterior: Vinyl
- Flooring: Wall To Wall Carpet, Tile
- Lot Description: Paved Drive, Corner
- Rms Dscrp 1: Living Room, Kitchen, Laundry
- Rms Dscrp 2: Living Room, Kitchen, Laundry
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Beachfront Flag: Yes
- Energy Features: Insulated Windows, Insulated Doors
- Apod Available: Yes
- App Dscrp 3: Range, Refrigerator, Washer, Dryer, Washer Hookup, Dryer Hookup
- App Dscrp 4: Range, Refrigerator, Dishwasher, Washer, Dryer, Washer Hookup, Dryer Hookup
- Exterior Features: Porch, Deck, Gutters, Screens
- Rms Dscrp 3: Living Room, Kitchen, Loft, Laundry
- Rms Dscrp 4: Living Room, Kitchen, Laundry, Loft
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Rnt Dscrp 3: Water
- Utility Connections: For Electric Range
- Year Round: Yes
- Electric Feature: 100 Amps, Individually Metered
- Hot Water: Oil, Tank
- Beach Miles To: 1/10 To 3/10
- Foundation: Granite
- Mf Type: 4 Family - 4 Units Up/Down
- Rms Common: Other (see Remarks)
- Beach Description: River
Services availability
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Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$527,300
2% more+ $10,546
With Showcase(estimated)
$537,846