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1295-1307 S Main St

Palmer, MA 01069
$520,000
13 Beds
7 Baths
5,646 Living Area
  • Property Description
    Two buildings currently making up seven units in downtown location very nearby the former train station. Rents are below market rents with opportunity to turn this building into a real money maker. Includes off street parking for about 6 vehicles on right side of building (Tandem). One unit currently vacant and needs updating and all, but two of the units have been updated. One unit has tenant issues per landlord. Property does need some work and could easily become a fast cash cow. Being sold as-is and where-is with all existing tenants. Please note, property is walking distance from soon to be installed public rail service
  • Highlights
    • Heating: Electric
    • Parking Spots: 6
    • Property Type: 5-9 Family
    • Total Rooms: 23
    • Status: Closed
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1890
  • Additional Details
    • Basement: Interior Entry, Dirt Floor, Concrete
    • Flooring: Wood, Vinyl
    • Lot Features: Cleared
    • Roof: Shingle
    • Total Number of Units: 7
    • Year Built Source: Owner
    • Construction: Frame
    • Foundation: Block, Granite
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Nb
  • Amenities
    • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
    • Parking Features: Off Street, Tandem
  • Utilities
    • Electric: 110 Volts, 220 Volts, Circuit Breakers, 60 Amps/Less, 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $328,400
    • Tax Year: 2024
    • Total Rent: $6,860
    • Rental Fee Includes: Unit 2(Water), Unit 3(Water), Unit 4(Water)
    • Taxes: $6,131

Location

1295-1307 S Main St, Palmer, MA 01069

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