John Melpignano
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2 Green St
Palmer, MA 01069

$929,000

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Listing Details

  • $929,000
  • MLS# 73546954
  • Type Commercial - Investment
  • Status Active
  • 5,472
    Square Feet
  • 0.260 acres
    Lot Size
  • 1965
    Year Built

Listed By

Agency Name: Landmark, REALTORS
Agent Name: Arthur Ferrara
Agency Phone: 413-596-4500

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Shown By

Agent Name: John Melpignano
Agent Phone: (781) 727-6748
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


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 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...read more

Features

  • $13,041 Taxes
  • Built in 1965

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