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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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2 Green St , Palmer, MA 01069
$929,000
Est. Payment: $2,064.44/mo
16 Bed
8 Bath
5472 Sqft
Status: Under Agreement | Days on site: 53
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M39600 - M0000474
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include ample off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units. All tenants are currently on a month-to-month basis, offering immediate rental upside. Total current gross income is $10,200/month. (For MLS unit detail: Units 6, 7, and 8 each have 4 rooms, 2 bedrooms, 1 bath, stove and refrigerator remain, rent is $1,300/month each.) Add this high-performer to your portfolio today!
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Highlights

Listed by Arthur Ferrara , 413-348-5827 Landmark, REALTORS® , 413-596-4500.

Property Type

Multi-Family
Lot/Acreage
0.26

Year Built

1965

County

Hampden

Listing ID

73546953

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Appliances:Washer, Dryer, Range, Microwave, Refrigerator
Floor:Vinyl
Other:
  • ▪ Additional:Living Room, Kitchen, Remodeled
Water:Public

Exterior Features

Garage Capacity:8
Zoning:TR
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 8
Principal Interest
$2,064
Taxes
$1,087

Home Price

$929,000

Loan Details

30 yrs
%

Down Payment

20%
$185,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,064.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,064.44 $1,086.75 $0.00 $3,151.19
Yearly $24,773.33 $13,041.00 $0.00 $37,814.33
Total $743,200.00 $391,230.00 $0.00 $1,134,430.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palmer, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.