Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

395 Wilbraham St, Palmer MA 01069

$229,000

Estimated $771/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $114,500

Total Rent: 21480/year

Estimated CAP Rate:

4 Bedrooms

Baths

1764

Total Parking: 8

45,302 (1.04)

This duplex is a very rare find,side by side units with two bedrooms a living room and kitchen.Nestled on over an acre of land with plenty of off street parking.One unit is need of updating and cosmetics,The other unit is occupied by long term tenant.The rents are very understated for the area.Motivated seller.Great opportunity for handyman, flippers,or someone that just wants to collect rent.This property will not qualify for most financing.Cash or rehab loan.

This home has been viewed 65 times

Last Checked: May 7th, 2024 at 1:10am (Source: MLS PIN #73070910)

Gross Income: $21,480

Gross Expenses: $4,800

Net Income Calc: $16,680

Water Views

Annual Expenses for 395 Wilbraham St, Palmer MA 01069

Total Gross Expenses (Calculated)$4,800/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4800

Annual Income & Unit Breakdown for 395 Wilbraham St, Palmer MA 01069

Total Gross Income (Calculated)$21,480

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 395 Wilbraham St, Palmer MA 01069

Listing ID73070910

Property TypeMulti Family / 2 Family

Price229000 ($129.82/SqFt)

Style2 Family - 2 Units Side By Side

CityPalmer

CountyHampden

Neighborhood(s)

Approximate Living Area Total1764

Approximate Lot Size (Acres)1.04

Total Parking8

Garage Parking0

Year Built1985

Year Built SourcePublic Records

Year Built DetailsActual

WaterPrivate

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor Space

ZoningHB

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 395 Wilbraham St, Palmer MA 01069

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 395 Wilbraham St, Palmer MA 01069

Real Estate Taxes4800

Tax Year2022

Assessed Value$199,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 395 Wilbraham St, Palmer MA 01069

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 395 Wilbraham St, Palmer MA 01069

Agent

Name: Robert Mellen

Office

Name: Custom Home Realty, Inc.

Phone: 508-473-4777

Payment Calculator

, Interest

Property Taxes 400

Principal & Interest 1411.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Custom Home Realty, Inc.

Robert Mellen

Agent Phone

Office Phone

(508) 473-4777

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 1.04 acres (45,302 SqFt)
    [add_date] => 2024-05-07 01:10:59
    [address] => Wilbraham St
    [agent] => Array
        (
            [address] => 120 Charles Avenue
            [city] => Uxbridge
            [id] => CT002825
            [name] => Robert Mellen
            [national_association] => 453012180
            [office] => AN8685
            [state] => MA
            [zip] => 01569
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1764
    [approx_lot_size_acres] => 1.04
    [approx_lot_size_sqft] => 45302.4
    [assessed_value] => $199,900
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 4
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => CT002825
    [buyer_office_id] => AN4101
    [c_style] => Array
        (
            [0] => 2 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Palmer
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Hampden
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => This duplex is a very rare find,side by side units with two bedrooms a living room and kitchen.Nestled on over an acre of land with plenty of off street parking.One unit is need of updating and cosmetics,The other unit is occupied by long term tenant.The rents are very understated for the area.Motivated seller.Great opportunity for handyman, flippers,or someone that just wants to collect rent.This property will not qualify for most financing.Cash or rehab loan.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Washer/Dryer
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 0
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 01:10:59
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73070910
    [neighborhoods] => 
    [net_income_calc] => 16680
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN4101
            [name] => Custom Home Realty, Inc.
            [phone] => 508-473-4777
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 229000
    [price_per_sqft] => 129.82
    [price_per_unit] => 114500
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 2 Family - 2 Units Side By Side
        )

[real_estate_tax] => 4800
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 8
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Private Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 395
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 4800
    [total_gross_income] => 21480
    [total_parking] => 8
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full, 1 Half
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 2
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full, 1 Half
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 395 Wilbraham St, Palmer MA 01069
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Private
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1985
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01069
    [zips] => 
    [zoning] => HB
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/329954/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73070910&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73070910&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73070910&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73070910&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73070910&w=1024&h=768&n=6
        )

[raw] => 
)

EXIT

4 More Photos