$5,688 Closing Credit¹
#73337089, Stephanie McCarthy, Listing Office: Lavish Realty LLC
$449,999 List price
38 Palmer Ave Springfield, MA 01108
$5,344
Closing credit¹
10 beds
3 full
3,856 sqft
0.2 acres
$117 / sqft
Multi-Family
Property details
About 38 Palmer Ave
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.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
(New)
(New)
Size3,856 sqft
BasementYes
Lot size0.16 Acres
Year built1895
ParkingOff Street, Paved
MLS #73364870
Summary
- Full Bathrooms: 3
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Basement: Yes
- Flooring Type: Tile, Laminate, Hardwood, Wood, Stone/Ceramic Tile
- Interior: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen
- Total Bedroom Count: 10
- Parking: Off Street, Paved
- Exterior: Rain Gutters
- Heating: Baseboard, Natural Gas
- Cooling: None
- List Price: $449,999
- Price/SqFt: $116
- Annual Tax Amount: $4,651
- Tax Year: 2024
- Lot: Level
- Directions: GPS FRIENDLY
- Year Built: 1895
- Stories: 6
- Living Area: 3,856 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 73364870
- MLS Name: MLS Property Information Network
- Office Name: Michelle Lorenzetti
- Office Phone: (860) 335-0681
- Listing Agent: Michelle Lorenzetti
Disclaimer: The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$449,999
38 Palmer Ave
$5,344
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2016 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $289,600 | $4,651 |
| 2023 | $206,800 | $3,526 |
| 2022 | $200,700 | $3,777 |
| 2021 | $186,000 | $3,515 |
| 2020 | $180,100 | $3,517 |
| 2019 | $162,500 | $3,198 |
History based on county public records data.
Nearby schools
5
Milton Bradley School
Public District PK-5
0.7 mi
•22 Mulberry St
4
Sumner Avenue
Public District PK-5
0.7 mi
•45 Sumner Ave
3
Kensington International School
Public District PK-5
0.8 mi
•31 Kensington Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,180. The majority of Springfield, MA residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
72%
<35k
24%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
36%
Single, with Kids
5%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Cicis Pizza
What do the neighbors drive?
Buick
Dodge
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$4,750 Closing Credit¹
#73361463, Zaisha Robert, Listing Office: SR Commercial Realty
$7,113 Closing Credit¹
#73358250, Demetrios Panteleakis, Listing Office: MacMillan Group, LLC
5 days on Rocket
#73363700, Andrew Rodman, Listing Office: Lock and Key Realty Inc.
This home is located at 38 Palmer Ave in Springfield, MA and zip code 01108 in the South End neighborhood. This 3,856 square foot home, which was built in 1895, sits on a 0.16 acre lot. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $449,999.
In March 2025, from all listings sold in Springfield, MA there were more than 63 sold above asking price, over 17 sold below and more than 12 were sold right at the asked price. The number of listings in Springfield, MA increased by 16.1% between February and March 2025. Listings spent 34 days on the market in March 2025, and had a median list price of $304,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.