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38 Palmer Avenue

Springfield, MA 01108

10 beds
3 baths
3,856 sqft
6,969 sqft lot
$116 per sqft
1895 build
– on site

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.

Listing courtesy of MLSPIN / Michelle Lorenzetti / Michelle Lorenzetti

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# 73364870 —

The Building

Year Built:

1895
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Metal
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Rain Gutters
Patio And Porch Features:

Enclosed
Levels:

6
Stories Total:

6
Stories:

6
# of Units Total:

3
Building Area Total:

3856
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

16
Interior Features:

Ceiling Fan(s)
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

3856
Living Area Source:

Public Record

Location

Directions:

GPS FRIENDLY
Latitude:

42.092094
Longitude:

-72.577921

The Property

Parcel Number:

2599813
Property Type:

Residential Income
Property Subtype:

3 Family - 3 Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.16
Lot Size SqFt:

6969
Lot Size Acres:

0.16
Zoning:

R2
Fencing:

Fenced/Enclosed
Waterview:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Block:

623
Tax Book Number:

25587
Tax Annual Amount:

4651
Tax Assessed Value:

289600

Beds

Bedrooms Total:

10

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

Schools

Elementary School:

Pboe
Middle Or Junior School:

Pboe
High School:

Pboe

The Community

Senior Community:

false
Community Features:

Public School
Spa:

false

Parking

Garage:

false
Parking Total:

4
Parking Features:

Off Street
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Listed / Active	MLSPIN	$449,999	164.7% (19.0% / YR)
8/24/16 Aug 24, 2016		MLSPIN	$170,000	67.0% (17.4% / YR)
10/19/12 Oct 19, 2012		MLSPIN	$101,812

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This multifamily located in South End, Springfield, MA 01108 is currently for sale for $449,999. 38 Palmer Avenue is a 3,856 square foot multifamily with 10 beds and 3 baths that has been on Estately for 0 days. 38 Palmer Avenue is in the South End neighborhood of Springfield and has a WalkScore® of 79, making it very walkable. This multifamily is in the attendance area of Daniel B. Brunton School, High School Of Commerce, Springfield Central High School, Roger L. Putnam Vocational Technology Academy, Springfield High School Of Science And Technology, and South End Middle School.

Listing Courtesy of: MLSPIN and Michelle Lorenzetti.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.