1295-1307 S Main St Palmer, MA 01069
Estimated payment $3,628/month
Highlights
- Medical Services
- Property is near public transit
- Tandem Parking
- Granite Flooring
- Porch
- Shops
About This Home
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
Listing Agent
Jeffrey Lord
Manor Realty Listed on: 04/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,131
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
- Cleared Lot
Home Design
- 5,646 Sq Ft Home
- Block Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Granite
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Full Bathrooms
Basement
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Parking
- 6 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 7 Heating Zones
- Heating Available
- 220 Volts
- 110 Volts
- 100 Amp Service
- 60 Amp Service
Listing and Financial Details
- Rent includes unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:55 B:162,3147042
- Tax Block 162
Community Details
Overview
- 7 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Insurance Expense $5,000
- Water Sewer Expense $6,750
- Operating Expense $25,000
- Net Operating Income $62,320
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/13/2025 04/13/25 | For Sale | $557,950 | -- | $99 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73359213
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