Overview Property Details Payment Calculator Walkability

Closed

31-33 Converse St, Palmer MA 01069

$199,900

Estimated $658.22/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $99,950

Total Rent: 12000/year

Estimated CAP Rate: 4.00%

6 Bedrooms

2 Full Baths

2,646 SqFt

Total Parking: 2

10,875 SqFt

2FAM INVESTOR SPECIAL!!! BACK ON MARKET Great opportunity to get into the market with this underpriced 2 family that offers 2 units with tons of outdoor space for outdoor activities. (See LOT SIZE: Almost a quarter acre) One unit is renovated and ready to go, rents are low f...

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 5:41am (Source: MLS PIN #73101645)

Gross Income: $12,000

Gross Expenses: $4,009

Net Income Calc: $7,991

CAP Rate: 4.00%

Annual Expenses for 31-33 Converse St, Palmer MA 01069

Total Gross Expenses (Calculated)$4,009/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,009

Annual Income & Unit Breakdown for 31-33 Converse St, Palmer MA 01069

Total Gross Income (Calculated)$12,000

Unit 1

Rental Income$1,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingNo

Rent Includes

General Information for 31-33 Converse St, Palmer MA 01069

Listing ID73101645

Property TypeMulti Family

Price$199,900 ($75.55/SqFt)

StyleMulti Family

CityPalmer

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,646 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking2

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningMF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 31-33 Converse St, Palmer MA 01069

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$12,000

Total Net Income By Broker$12,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 31-33 Converse St, Palmer MA 01069

Real Estate Taxes$4,009

Tax Year2023

Assessed Value$206,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$12,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$12,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.00%

Location Information for 31-33 Converse St, Palmer MA 01069

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 31-33 Converse St, Palmer MA 01069

Agent

Name: Antonio Ferreira

MLS ID: CN224251

Office ID: AN5840

Address: 111 Florida St. #1

City: Boston

State: MA

Zip: 02124

Office

Name: The Tate Team

MLS Office ID: AN6791

Phone: 617-294-9881

Payment Calculator

$1,565.80 per month

30 Years Fixed, 6.75% Interest

Property Taxes $334.08

Principal & Interest $1,231.72

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Tate Team

Antonio Ferreira

Agent Phone

Office Phone

(617) 294-9881

Text Agent Call Agent Call Office

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    [description] => 2FAM INVESTOR SPECIAL!!! BACK ON MARKET Great opportunity to get into the market with this underpriced 2 family that offers 2 units with tons of outdoor space for outdoor activities. (See LOT SIZE: Almost a quarter acre) One unit is renovated and ready to go, rents are low for the tenant due to them doing the maintenance on the property. The other is a complete VALUE ADD. Duplex INVESTOR special!!! CASH or HARD MONEY ONLY!! 4 BED 2 BATH duplex located in PALMER, MA! CHECK OUT ALL THE PICTURES!!  ARV IS PEGGED AT ABOUT 390K!! Tenants are currently in one unit, tenants at will (TAW). Roof done recently and siding is in pretty good shape. Plenty of street parking in the front and tons of space in the basement. Laundry hookups in unit. Ample storage space. Reach out immediately. This will not last!
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                )

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                )

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                    [modified] => 2024-05-07 05:41:10
                )

)

)

EXIT