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Canceled

2041-2043 High St, Palmer MA 01080

$240,000

Estimated $702/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $120,000

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

4112

Total Parking: 9 (3 Garage)

8,750 (0.20)

BACK ON MARKET/BUYER COULDN'T PERFORM - House Flippers and Contractors will love the opportunities this project brings! This HUGE 2 unit multifamily property has over 4,000 sq ft of living space with 3 garages. Each unit is approx. 2,000 sq ft of living space across 3 floors and can fit up to 4 beds each (total 8 in property). PLEASE NOTE: Potential buyers will need experience implementing a major renovation project and/or work with a general contractor who does, as there is extensive rehab required.. After renovation, property will have an After Rehab Value (ARV) of at least $400,000 based on recent comps. BONUS: 2 custom kitchen designs are included for the buyer with 50% off retail prices, guaranteed by the kitchen design firm (designs/estimates attached). Deed for property includes an additional lot (Parcel 127) immediately behind home (see attached assessor maps). Cash, Hard Money or Renovation financing only.

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73085820)

Gross Income: $0

Gross Expenses: $3,753

Net Income Calc: $3,753

Water Views

Annual Expenses for 2041-2043 High St, Palmer MA 01080

Total Gross Expenses (Calculated)$3,753/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3753

Annual Income & Unit Breakdown for 2041-2043 High St, Palmer MA 01080

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

General Information for 2041-2043 High St, Palmer MA 01080

Listing ID73085820

Property TypeMulti Family

Price240000 ($58.37/SqFt)

StyleMulti Family

CityPalmer

CountyHampden

MLS AreaThree Rivers

Neighborhood(s)

Approximate Living Area Total4112

Approximate Lot Size (Acres)0.2

Total Parking9 (3 Garage)

Garage Parking3

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTR

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 2041-2043 High St, Palmer MA 01080

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 2041-2043 High St, Palmer MA 01080

Real Estate Taxes3753

Tax Year2023

Assessed Value$190,300

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 2041-2043 High St, Palmer MA 01080

Neighborhood(s)

MLS AreaThree Rivers

Area AmenitiesWalk/jog Trails

Contact Information for 2041-2043 High St, Palmer MA 01080

Agent

Name: Patriot Living Group

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 312.75

Principal & Interest 1478.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Patriot Living Group

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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EXIT