NOT LISTED FOR SALE

2 State St Palmer, MA 01069

10 Beds
4 Baths
5,940 Sq Ft
8,276 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $308,000 $52 Per Sq Ft

154 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • 4-minute walk to Endelson Playground
  • Porch

About This Home

As of May 2021

Knock, Knock. Answer the door, that's opportunity knocking. This money maker offers a 12% capitalization rate. Wow, can you make that kind of money in a bank or the stack market? I doubt it. This is a great property that has been completely renovated and is has lead compliance certificates for all units. All the hard work has been done for you. Purchase this building and provide regular maintenance and watch your equity share build. There is also additional space for one more ground level apartment. $4,000.00 closing credit if under agreement before 9-30-20.

Last Agent to Sell the Property

Kevin Moore

Executive Real Estate, Inc. Listed on: 11/06/2020

Executive Real Estate, Inc.

Last Buyer's Agent

Denise DeSellier

Berkshire Hathaway HomeServices Realty Professionals

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 8,276

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Oil Water Heater

Additional Features

  • Window Screens
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:88 B:28

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 55.54
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 10
  • Total Brs: 10
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 22
  • Basement: Y
  • Basement Features: Full
  • Main Lo: M95273
  • Main So: AC0643
  • Estimated Sq Ft: 5940.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Gutters, Screens
  • Foundation: Granite

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 4
  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Swimming Pool, Park, Walk/Jog Trails, Conservation Area

Lot Info

  • Assessments: 223700.00
  • Acre: 0.19
  • Lot Size: 8200.00
  • Page: 600
  • Parcel Number: M:88 B:28
  • Zoning: Res
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 4
  • Total Levels: 6
  • Total Rent: 4175
  • Total Rms: 22
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 5138.00
  • Assessor Parcel Number: 3149829
  • Tax Year: 2019

Range of Values:

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List Price
Sold Price
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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
05/13/2021 05/13/21 Sold $308,000 -6.6% $52 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
11/06/2020 11/06/20 For Sale $329,900 -- $56 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72754187

MLS Property Information Network (MLS PIN)