66 Palmer Ave, Springfield, MA 01108
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$325,000
2 Unit
9 Beds
3 Baths
3562 SQFT
0.13 Acre

Property Description

MULTIPLE OFFERS IN. Not accepting other offers at this time. Here's your opportunity to pick up a couple of great investment properties. This updated two family with a walk-up, finished third floor is just the type of investment you've been looking for. This is a package deal and MUST be purchased with 11-15 Belmont Pl. Both properties are on contracts with Springfield Housing through the NSLP through 2031 and have scheduled SIGINIFICANT rent increases set for 5/1. Both properties have been professionally managed. Don't miss your chance to pick up a couple of fantastic investment properties.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 62916
  • Gross Expenses: 12120
  • Electric Expenses: 522
  • Water/Sewer: 2500
  • INSC: 2125
  • Repairs & Maintenance: 1400
  • RFS: 75
  • Net Operating Income: 50796

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1904
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73480817
  • Last Updated: 03/06/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/06/2026Contingent$325,000$91MLSPIN
03/03/2026Active$325,000$91MLSPIN
02/27/2026New$325,000$91MLSPIN

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Seller's Representative: Bryan Kaye, BKaye Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-06 14:27:00

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