2 Green St, Palmer, MA 01069
- $929,000
- 16
- BD
- 8
- BA
- 5,472
- SqFt
- List Price
- $929,000
- Status
- ACTIVE
- MLS#
- 73546953
- Bedrooms
- 16
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 5,472
- Lot Size (Acres)
- 0.26
- Year Built
- 1965
Property 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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Additional Information
- Taxes
- $13,041
- Interior Features
- Living Room, Kitchen, Remodeled
- Parking Description
- Paved Drive, Off Street
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Arthur Ferrara from Listing Office: Landmark, REALTORS®.
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