Consistent upgrades and maintenance, following a full remodel in 2004, make this side-by-side duplex stand out! Take note sharp owner-occupants seeking to offset expenses with rental income, or investors. The property features two units, both w/ 1st floor laundry, ample clos...
This home has been viewed 20 times
Last Checked: June 24th, 2025 at 4:44am (Source: MLS PIN #73378596)
Gross Income: $31,800
Gross Expenses: $5,454
Net Income Calc: $26,346
CAP Rate: 7.53%
Annual Expenses for 2018-2020 Prospect St, Palmer MA 01080
Total Gross Expenses (Calculated)$5,454/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,454
Annual Income & Unit Breakdown for 2018-2020 Prospect St, Palmer MA 01080
Total Gross Income (Calculated)$31,800
Unit 1
Rental Income$1,100
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$1,550
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 2018-2020 Prospect St, Palmer MA 01080
Listing ID73378596
Property TypeMulti Family / 2 Family
Price$350,000 ($162.34/SqFt)
Style2 Family - 2 Units Side By Side
CityPalmer
CountyHampden
MLS AreaThree Rivers
Neighborhood(s)
Approximate Living Area Total2,156 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking7 (1 Garage)
Garage Parking1 / Detached
Year Built1915
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningVC2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 2018-2020 Prospect St, Palmer MA 01080
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$31,800
Total Net Income By Broker$31,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 2018-2020 Prospect St, Palmer MA 01080
Real Estate Taxes$5,454
Tax Year2025
Assessed Value$299,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$31,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$31,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.53%
Location Information for 2018-2020 Prospect St, Palmer MA 01080
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaThree Rivers
Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Laundromat
Contact Information for 2018-2020 Prospect St, Palmer MA 01080