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Redefining Boston Real Estate

38 Palmer Avenue, Springfield, MA

Springfield Multi-Family    (login for more details)

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Unit Information

Owner/occupant with 20% down could live rent free in this income producing property as rent from 2 apartments would cover mortgage payments. Investors take notice this 3 family home has been completely renovated and is Lead Compliant! You do not want to miss the income potential in this property! 1st and 2nd flr units have 3-4 bedrooms with one bath, 3rd flr unit has 2-3 bed 1 bath. Gas Heat in all 3 units. First and Second Floors have new furnaces, new water heaters, kitchens updated, new tile flooring in bathrooms, hardwood floors, interior walls in the units have been redone, and so much more. New roof 2021. 1st and 2nd floor 1,383 sq ft units will be delivered vacant for owner/occupant or to rent out (previous tenant's paid $1,760 and $1,590 respectively, but market rates are now higher). 3rd floor 1,037 sq ft unit is rented for $940.

Additional Details
Status: NEW
Type: Multi-Family, 3 Family - 3 Units Up/Down
Zip Code: 01108
Levels: 6
Parking
Parking: Off Street, Paved
Parking Spaces: 4
Rooms and Dimensions
Total Units: 3
Total Floors: 6
Total Rooms: 16
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$449,999

  • Status: New
  • Listing ID: 73364870
  • Bedrooms: 10
  • Full Baths: 3
  • Living Area: 3,856 sqft Convert
  • Lot Size: 6,969 sqft Convert
  • Acres: 0.16

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Michelle Lorenzetti of Michelle Lorenzetti. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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