SoldJul 21, 2025

Listed and Bought with Michelle Lorenzetti

Source: MLS Property Information Network Inc #73364870

38 Palmer Ave, Springfield, MA, 01108

$465,000

11
3
4
3856 sq. ft.
6969 sq. ft.

Other

18 days on the market

Sold: Jul 21, 2025

What's around 38 Palmer Ave

About this property

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.

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Similar property sold nearby

SoldDec 30, 2025
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Listing courtesy of CONTINENTAL REAL ESTATE GROUP and eRealty Advisors, Inc.

Other properties sold by Michelle Lorenzetti

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