$355,000
SOLD JAN 5, 2023

18-24 Stewart St Palmer, MA 01069

8 Beds
4 Baths
3,490 Sq Ft
7,761 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Tandem Parking
  • Heating Available
  • Porch

About This Home

As of January 2023

Thought you could afford a single family home and THEN the rates changed?? Check out this 4 family! You Could Owner Occupy this home and Use the 3 other rents to Qualify for an FHA loan. Or If you are an investor, this is a sweet property for you as well! The owner unit is totally updated and ready to be occupied. The other units are in various stages of updates depending on length of tenant occupancy. Each unit has their own entrance plus shared extra exit. There is separate basement storage and laundry areas for all 4 units. Tenants own their own washer/dryers. Each unit is a 2 bedroom, living room, eat-in kitchen and one tub/shower bathroom. Tenants pay their own trash pickup, oil heat, and hot water electric. Seller pays the water and sewer at the standard Palmer rate. Great rents and low maintenance might make this an ideal property for you to consider. If you need help with how the financing could work for you, just ask. Lead certs for all 4 units.

Last Agent to Sell the Property

Kathy Niver

Berkshire Hathaway HomeServices Realty Professionals Listed on: 11/11/2022

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Kathy Niver

Berkshire Hathaway HomeServices Realty Professionals Listed on: 11/11/2022

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 7,761 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,490 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Washer

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 8 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $2,800
  • Rent includes unit 1(water other (see remarks)), unit 3(water other (see remarks)), unit 4(water other (see remarks))
  • Assessor Parcel Number M:90 B:20,3149982

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Water Sewer Expense $1,455
  • Operating Expense $1,455
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,671

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Property Condition: Unit 2 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Varies Per Unit,Laminate,Hardwood, Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Lead Certification Available,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Lead Certification Available,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 3(Lead Certification Available,Bathroom With Tub & Shower), Unit 4(Lead Certification Available,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator,Washer,Dryer), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 3490
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN7274
  • LIST PRICE PER Sq Ft: 93.12
  • PRICE PER Sq Ft: 101.72
  • MAIN SO: AN7274

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Oil,Individual), Unit 2(Oil,Individual), Unit 3(Oil,Individual), Unit 4(Oil,Individual)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks)), Unit 4(Water,Other (See Remarks))

Fee Information

  • Water Sewer Expenses: 1455

Lot Info

  • Parcel Number: M:90 B:20,3149982
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7761
  • Lot Size Units: Acres
  • PAGE: 252
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5671
  • Tax Book Number: 24148

Multi Family

  • Gross Income: 33600
  • Net Operating Income: 33600
  • Number Of Units Total: 4
  • Operating Expense: 1455
  • Total Actual Rent: 2800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 2
  • FLRS 2: 2

Similar Home in Palmer, MA

  • 2014-2020 Palmer St, Palmer, MA 01080

    $420,000

    • 6 Beds
    • 4 Baths
    • 2,100 Sq Ft
    • 2014-2020 Palmer St
    • Palmer, MA

    BACK ON THE MARKET OPPORTUNITY awaits with this well-maintained side-by-side duplex - perfect for investors and owner-occupants. Each unit offers a comfortable layout featuring a bright living room that opens to an eat-in kitchen, along with a convenient half bath on the first floor. Upstairs, you’ll find three bedrooms and a full bath—ideal for everyday living. Each unit has its own basement

    Michelle Haggstrom Keller Williams Realty North Central

    Section Image
See All Homes in Palmer

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/05/2023 01/05/23 Sold $355,000 +9.2% $102 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $325,000 +30.0% $93 / Sq Ft
09/27/2021 09/27/21 Sold $250,000 0.0% $72 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $249,900 -- $72 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathy Niver

    Seller's Agent in 2023

    Kathy Niver

    Berkshire Hathaway HomeServices Realty Professionals

    (860) 836-0633

    2 in this area

    83 Total Sales

    Section Image
  • John Pedro

    Seller's Agent in 2021

    John Pedro

    John H. Pedro Real Estate

    (413) 531-1328

    6 in this area

    64 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73057518

MLS Property Information Network (MLS PIN)

APN: PALM M:90 B:20

Massachusetts Hampden County Palmer 01009

18-24 Stewart St, Palmer, MA

This home is located at 18-24 Stewart St, Palmer, MA 01069 and is currently priced at $355,000, approximately $101 per square foot. This property was built in 1900. 18-24 Stewart St is a home located in Hampden County with nearby schools including Old Mill Pond Elementary School, Palmer High School, and Converse Middle 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.

Nearby Homes