NOT LISTED FOR SALE

1063 Park St Palmer, MA 01069

8 Beds
4 Baths
4,101 Sq Ft
7,310 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $350,000 $85 Per Sq Ft

3 Days on Market

Highlights

  • Medical Services
  • Park
  • Coin Laundry
  • Property is near public transit
  • Baseboard Heating
  • Level Lot

About This Home

As of May 2024

Looking to invest?! Then look no further than this well kept 4 family! Pride of ownership shows throughout. Each unit is 2 beds and 1 bath. Tall ceilings make the spaces feel big and open. With rents well below market value there is some money to be had with this one. Shared coin-op laundry in the basement creates some extra revenue. Large off street parking area. Close proximity to Mass Pike and Rte 20. Don't wait to see this one while the expenses low and income potential is high.

Last Agent to Sell the Property

Slope to Shore Team

William Raveis Team 413 Listed on: 04/01/2024

William Raveis Team 413

Co-Listed By

Heidi Pafumi

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Karl Schuhlen

Today Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1874

Lot Details

  • 7,310 Sq Ft Lot
  • Level Lot

Home Design

  • 4,101 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,850
  • Assessor Parcel Number M:58 B:178,3147500

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $1,540
  • Insurance Expense $2,549
  • Water Sewer Expense $3,953
  • Operating Expense $17,527
  • Net Operating Income $28,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1874
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Concrete
  • Living Area: 4101
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 96.2
  • PRICE PER Sq Ft: 85.35
  • MAIN SO: AN3639

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3953

Lot Info

  • Parcel Number: M:58 B:178,3147500
  • Zoning: 2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7310
  • Lot Size Units: Acres
  • PAGE: 62
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6629
  • Tax Book Number: 8278

Multi Family

  • Electric Expense: 1540
  • Gross Income: 46200
  • Insurance Expense: 2549
  • Net Operating Income: 28673
  • Number Of Units Total: 4
  • Operating Expense: 17527
  • Total Actual Rent: 3850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $350,000 -11.3% $85 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $394,525 -- $96 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Slope to Shore Team

    William Raveis Team 413

    (413) 579-8326

    8 in this area

    217 Total Sales

    Section Image
  • Heidi Pafumi

    Seller Co-Listing Agent in 2024

    Heidi Pafumi

    Coldwell Banker Realty - Western MA

    (413) 687-4339

    4 in this area

    109 Total Sales

    Section Image

  • K

    Buyer's Agent in 2024

    Karl Schuhlen

    Today Real Estate, Inc.

    (413) 533-2972

    1 in this area

    8 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73214022

MLS Property Information Network (MLS PIN)

Massachusetts Hampden County Palmer 01069

1063 Park St, Palmer, MA

This home is located at 1063 Park St, Palmer, MA 01069 since 01 April 2024. This property was built in 1874. 1063 Park St is a home located in Hampden County with nearby schools including Old Mill Pond Elementary School, Converse Middle School, and Palmer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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 its 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.

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