Sold
Last Sold Price
6 beds2,443 sqft$102/sqft
27-29 Palm St, Springfield, MA 01108
Multi FamilyProperty Type
6,774 sq ftLot Size
1923Year Built
$102/sq ftPrice per sq ft
5 carsParking Spaces

Description

Turn key rental property, fully occupied with strong rental history and professionally managed. In 2013 entire property was renovated by licensed contractor. Renovations included, new roof, all new windows, all new plumbing and electrical, new kitchen and bathrooms in both units, new ceramic tile in kitchens and baths, and all hardwood floors were refinished. Lower half of the exterior was painted 5 years ago. Unit #27 has a freshly re-painted interior completed December 2019. First group showing...Turn key rental property, fully occupied with strong rental history and professionally managed. In 2013 entire property was renovated by licensed contractor. Renovations included, new roof, all new windows, all new plumbing and electrical, new kitchen and bathrooms in both units, new ceramic tile in kitchens and baths, and all hardwood floors were refinished. Lower half of the exterior was painted 5 years ago. Unit #27 has a freshly re-painted interior completed December 2019. First group showing will be at Open House Saturday, June 27th 11-1pm. One group at a time.
  • Listed by: Kathryn Daviau • Lock and Key Realty Inc.
Listing closed: 09/04/2020 12:00 AM • Source: MLS PIN, MLS#: 72680046

Recent comparable sales

Median sold price

$295,900

Avg days on market

43

Sale-to-list ratio

100.6%

Springfield, MA

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Location

Listing Courtesy of Lock and Key Realty Inc., Kathryn Daviau

Sold By Gallagher Real Estate, Paulo Villegas

Add your commute

Payment Calculator

$1,544 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$274

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 27-29 Palm Street

Property Details
  • Taxes: $3,285 / year
  • MLS Type: Multi-family / 2 Family - 2 Units Up/Down
  • Town: Springfield
  • MLS Area: Forest Park
  • Area: MA-Springfield-Forest Park, MA-Springfield
  • Garage Spaces: 2
  • Parking Spaces Total: 5
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1923
  • Lot Size: 0.16 AC / 6,774 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Current Financing: FHA
  • Living Area: 2443.0
  • Total Units: 2
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Stone/Ceramic Tile Floor)
  • Interior Features: Unit 1(Pantry, Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Pantry, Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room
  • Laundry Features: Laundry Room, Washer Hookup, Unit 1 Laundry Room, Unit 1(Washer Hookup, Dryer Hookup)
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch - Enclosed, Covered Patio/Deck
  • Lot Description: Cleared, Level
  • Patio And Porch Features: Enclosed, Covered
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Unit 1(Steam, Gas), Unit 2(Steam
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: $2028 expense for water also includes sewer. Photos are from when units were vacant. Agent is related to seller.
Tax Information
  • Tax ID: S:09450 P:0011,2599805
  • Assessments: $168,200
  • Book: 19791
  • Tax Year: 2020
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $23,500.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,602.00
  • GRE: $5,790
  • HTE: $0
  • MGF: $1,175
  • MSE: $0
  • RFS: $180
  • RME: $985
  • NOI: $17,710.00
  • Operating Expense: $5,790.00
  • WSE: $2,028.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,150.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 27-29 Palm Street

DateEvent & SourcePriceAppreciation
Sep 4, 2020

Sold

MLS PIN #72680046

$250,000
Jun 30, 2020

Under Agreement

MLS PIN #72680046

Jun 30, 2020

Contingent

MLS PIN #72680046

DateEvent & SourcePrice
09/04/2020

Sold

MLS PIN #72680046

$250,000
06/30/2020

Under Agreement

MLS PIN #72680046

06/30/2020

Contingent

MLS PIN #72680046

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 27-29 Palm Street

Taxable ValueLand$31,300Additions$295,100Total$326,400
Tax Record2024$5,242 ($437 / month)
Home Facts
Baths2Total Finished SqFt2,445 SqFtAbove Grade Finished SqFt2,445 SqFtStories2Lot Size6,774 SqFtStyleDuplexYear Built1923ZoningR2CountyHAMPDENAPNSPRI S:09450 P:0011

Schools near 27-29 Palm Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
White Street School
PublicPK to 5

Springfield Realization Academy
Public6 to 8

High School Of Commerce
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 27-29 Palm Street, Springfield, MA 01108
$250,000
6
2,443
6,774
$186,000
2
2,420
6,774
$150,000
6
2,418
7,549
2
2,826
6,639
$150,000
2
2,448
7,549
4
1.5
1,806
7,610

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lock and Key Realty Inc., Kathryn Daviau

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.