16 Gay, Palmer, MA 01069

Multi-Family

$395,000
Price

6
Units
4,870
Approx. GLA
Here is your opportunity to own this rare 6 family building in Palmer. Fully rented 2 bedroom units. Off street assigned parking. Laundry room on lower level for tenants use. Nice 1/2 acre corner lot with plenty of yard space for tenants. Some units have been updated. Building has vinyl siding, replacement windows, newer roof and updated electrical, all APO. Great investment opportunity.
Open House
No scheduled Open Houses
Highlights
List Price: $395,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 12
Baths: 6
Units: 6
Year Built: 1971
Year Round: Yes
Approx. GLA: 4,870
MLS#: 72132822
 
Interior
Basement: No
Electric Features: Individually Metered
Flooring: Tile, Wall to Wall Carpet, Concrete, Varies Per Unit, Hardwood
Hot Water: Electric
Rooms: 30
Lead Paint: None
Total Floors: 3
Exterior
Water: No
Acres: 0.49
Lot Size: 21,411.00
Lot Description: Corner, Paved Drive
Foundation: Poured Concrete
Parking Spaces: 6
Parking Features: Off-Street, Assigned
Road Type: Public
Color: tan
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Exterior Features: Storage Shed, Satellite Dish
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $221,000
Taxes: $4,272
Tax Year: 2015
Book/Page: 14941/298
Beach
Beach: No
Expenses
Gross Income: $4,750
Total Rent: $4,750
Net Income: $46,200
Additional
Amenities: Public Transportation, Shopping, Tennis Court, Medical Facility, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $800
Unit 2 5 2 0 1 1 0 No 1 $800
Unit 3 5 2 0 2 1 0 1 $700
Unit 4 5 2 0 2 1 0 Yes 1 $700
Units Extras
Unit 1
Rent Includes:  None  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Map
The listing office is Grace Group Realty and the listing agent is Carrie McCorkindale. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/28/2017 7:35:00 PM.
 
Carrie McCorkindale
Carrie McCorkindale
Realtor®
Grace Group Realty