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Pending
    • $449,999

    38 Palmer Ave, Springfield, MA 01108

    10beds
    3,856sqft
    : 
    MultiFamily
    Built in 1895
    -- sqft lot
    $469,600 Zestimate®
    $117/sqft
    $-- HOA

    What's special

    New furnacesHardwood floorsNew water heatersNew tile flooring
    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.
    What the owner loves about this home
    1st and 2nd floor 1,383 sq ft units will be delivered vacant for owner/occupant or to rent out (previous tentants paid $1,760 and $1,590 respectively, but market rates are now higher). 3rd floor 1,037 sq ft unit is rented for $940. In 2024, taxes, insurance, utilities and maintenance were $10.445 ($870/month). No low-ball offers. (Zillow's Zestimate is $458,000). Closing around July 2025.
    54 days
    on Zillow
    |
    382
    |
    36
    |
    Listed by:

    (203) 216-2919

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Softwood, Tile, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,856 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Metal
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: SPRIS09455P0011

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1895

    Community & HOA

    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $289,600
    • Annual tax amount: $4,651
    • Date on market: 4/18/2025
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