38 Palmer Avenue
$449,999
11
Beds
3
Baths
3,856
Sqft
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$449,999
11
Beds
3
Baths
3,856
Living Area
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Property Description
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.
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Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 17
- Status: Active
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1895
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Construction: Frame, Stone
- Flooring: Tile, Carpet, Laminate, Hardwood, Wood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Other, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
- Basement: Full, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public School, Sidewalks
- Parking Features: Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $289,600
- Compensation Based On: Compensation Offered but Not in MLS
- Taxes: $5,304
- Buyer Agent Compensation: 2.5%
- Tax Year: 2024
- Total Rent: $4,600
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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Michelle Lorenzetti.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.