Back 38 Palmer Ave
Off Market

38 Palmer Ave

Springfield MA 01108

11
3
4
3856 sq. ft.
6969 sq. ft.
Other
Last sold for $465,000
Michelle LorenzettiMichelle Lorenzetti, last sold this property on 21 July 2025 after 86 days on market.

Overview

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.

Features

11 bedrooms
3 bathrooms
4 carspaces
3856 sq. ft. floor area
6969 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 11 bedroom other properties sold in Springfield over the last 12 months.

Property history for 38 Palmer Ave

2025
Sold
$465,000
21 Jul 2025 by Michelle Lorenzetti, of Michelle Lorenzetti
2016
Sold
Undisclosed
24 Aug 2016
2016
Sold
$170,000
24 Aug 2016

Happy sellers in Springfield

94%
94% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Springfield over the last 12 months.

Local market activity for 11 bedroom other properties in Springfield

In the last 12 months, 1 numeral.11-bedroom other similar to 38 Palmer Ave, have been sold.

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