RE/MAX Professional Associates
RE/MAX Professional Associates | 508-347-9595 | [email protected]

69 - 71 State Street, Palmer, MA 01069

Multi-Family

$349,900
Price

3
Units
2,442
Approx. GLA
This Meticulously Remodeled 3 unit property is located in the village of Bondsville. The entire property was Completely Gutted & Renovated between 2007-2012. This Property offers great Income Potential. All units are Currently Occupied. Each Unit offers: Kitchens w/ all new Appliances, Baths w/ Laundry, Tons of Natural Light & Storage. A 2 car Garage for storage, 2 Side lots for Yard & Parking. Updates: Replacement Windows, Composite Decks, Sheetrock, Kitchens, Baths, Hardwoods Refinished, Interior Paint, Concrete Walkways, New Electrical Service from Street, Electrical & Plumbing, Berber Carpet, Vinyl Sided, ThermaTru/Pella Doors, Porch: Rails, Post & Azek Trim, Light Fixtures, Interior Trim was salvaged from original home, Restained & used throughout to preserve the architectural detailing of "Yesteryear". Superstore Hot Water Heaters, Weil McLean Boilers. Either live here or be "off site" w/ no worries about maintenance.
Open House
No scheduled Open Houses
Highlights
Basement Features: Crawl, Concrete Floor
List Price: $349,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Active
Beds: 6
Baths: 3
Units: 3
Year Built: 1925
Year Round: Yes
Approx. GLA: 2,442
MLS#: 72472037
Interior
Basement: Yes
Electric Features: Circuit Breakers, 100 Amps, Individually Metered
Heating Units: 3
Heating Zones: 3
Flooring: Wood, Hardwood
Energy: Insulated Windows, Insulated Doors, Storm Doors, Attic Vent Elec.
Rooms: 16
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 2.25
Lot Size: 98,010.00
Lot Description: Paved Drive, Additional Land Avail., Shared Drive
Foundation: Poured Concrete
Foundation Size: 0x0
Garage Spaces: 4
Parking Spaces: 12
Parking Features: Off-Street, Assigned, Common, Guest, Stone/Gravel, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Grey
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Electric Dryer
Exterior: Vinyl
Exterior Features: Fruit Trees, Garden Area, Deck - Vinyl, Porch, Patio, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $189,300
Taxes: $4,348
Tax Year: 2019
Book/Page: 16055/192
School
Grade School: Old Mill Pond
High School: Palmer
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $34,375
Gross Expenses: $4,672
Total Rent: $2,775
Net Income: $15,978
Heat Cost: $1,551
Insurance Cost: $2,199
Refuse Cost: $1,200
R&M Cost: $350
Sewer Cost: $1,402
Water Cost: $720
 
Additional
Amenities: Shopping, Tennis Court, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
Exclusions: seller's personal property/tenants' personal property.. FYI: Map: 88, Blocks: 73,74 & 75
Disclosure Declaration: No
Disclosure: FIRST SHOWINGS START AT OPEN HOUSE 3/31/19 12-2PM Note: part of a larger parcel, which is also for sale. This offers: a Single Fam, Multi Fam, Garage, Barn/Garage & Potentially Buildable lots (74 & 75 State St) see MLS attachment. Drive is ROW to SF in rear. Note: Salvaged trim in Unit 69C only.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 2 0 2 1 0 Yes 1 $975
Unit 2 5 2 0 1 1 0 Yes 1 $925
Unit 3 6 2 0 1 1 0 Yes 1 $975
Units Extras
Unit 1
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer  Heating:  Propane, Hot Water Baseboard  Interior:  Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Upgraded Cabinets, Wood Flooring, Ceiling Fans, Floored Attic, Walk-Up Attic, Cable TV Available, Storage  Rooms:  Living Room, Dining Room, Kitchen, Other (See Remarks), Sunroom 
Unit 2
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Washer & Dryer Hookup, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer  Heating:  Propane, Hot Water Baseboard  Interior:  Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Wall to Wall Carpet, Internet Available - Broadband, Cable TV Available, Storage, Balcony/Deck  Rooms:  Living Room, Dining Room, Kitchen, Laundry, Other (See Remarks) 
Unit 3
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer  Heating:  Propane, Hot Water Baseboard  Interior:  Bathroom with Shower Stall, Remodeled, Hardwood Floors, Internet Available - Broadband, Ceiling Fans, Cable TV Available, Storage, Balcony/Deck  Rooms:  Living Room, Dining Room, Kitchen, Sunroom 
Common
Rooms:  Other (See Remarks) 
The listing office is RE/MAX Prof Associates and the listing agent is Cynthia Sowa Forgit. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
 
Cynthia Sowa Forgit
Cynthia Sowa Forgit
RE/MAX Professional Associates