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1269 S Main St, Palmer, MA 01069

Multi-Family

$245,000
Price
$246,000
Sale Price

3
Units
3,270
Approx. GLA
Perfect investor or owner occupied opportunity! Located in a convenient area of town with other well kept older homes. The vacant rear unit is townhouse style, has laundry in the kitchen, has been recently updated, and had rented for 900 a month. The first floor unit has updated cabinets, newer carpet in livingroom and new ceiling panels, washer in unit with dryer in basement, and rents for 800 per month. The 2nd floor unit has some hardwood floors, updated kitchen cabinets and backsplash, laundry in the unit, new tub surround, and rents for 675 per month. Both of the current tenants have been long term residents here and would like to stay (over 20 years). Rents could be higher. Electric was recently updated throughout. The windows are approx. 10 years old, the roof is approx. 15 years old. The boilers are 1 @ 5+/- years, 1 @ 10+/- years and 1 @ 15+ years.
Highlights
Terms: Contract for Deed
Sale Price: $246,000
Settled Date: 7/2/2018 12:00:00 AM
Basement Features: Full, Interior Access, Bulkhead
List Price: $245,000
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Sold
Beds: 6
Baths: 3
Units: 3
Year Built: 1900
Year Round: Yes
Approx. GLA: 3,270
MLS#: 72304710
Interior
Basement: Yes
Electricity Cost: $116
Electric Features: Circuit Breakers, 100 Amps, Individually Metered
Heating Units: 3
Flooring: Wood, Vinyl, Wall to Wall Carpet, Varies Per Unit, Laminate
Energy: Insulated Windows
Hot Water: Oil, Tank, Tankless
Rooms: 12
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.24
Lot Size: 10,554.00
Lot Description: Level
Foundation: Fieldstone, Brick, Granite
Foundation Size: 000
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: Tan
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Exterior: Vinyl
Exterior Features: Porch, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $143,300
Taxes: $3,091
Tax Year: 2017
Book/Page: 21288/327
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $28,500
Gross Expenses: $6,666
Net Income: $21,834
Insurance Cost: $1,700
Refuse Cost: $438
R&M Cost: $1,700
Sewer Cost: $1,380
Water Cost: $1,332
Additional
Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship
Disclosure Declaration: No
Disclosure: All information is stated per the owner.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 2 $900
Unit 2 4 2 0 1 1 0 No 1 $800
Unit 3 4 4 0 2 1 0 No 1 $675
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Steam, Oil  Rooms:  Kitchen, Laundry, Living RM/Dining RM Combo 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Steam, Oil  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Steam, Oil  Rooms:  Living Room, Kitchen 
Map
The listing office is Hampden Realty Center, LLC and the listing agent is Alice Kempf. 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 it's 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. The data was last modified on 12/14/2018 5:35:00 AM.
 
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