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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,044 sqft
Price per Sqft $269
MLS Listing ID 73215172
Sold Date 05/17/24
Bedrooms 19
Full Baths 6
Year Built 1915
Annual Tax Amount $10,657
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Discover the potential of this oversized 6-family property located at 17-23 Palmer St. Each unit boasts ample space, with four (4) large 3-4 bedroom, 1 bath units, and two (2) spacious 3 bedroom, 1 bath units. With 6-7 off-street parking spots, this property offers convenience and accessibility for both tenants and landlords alike. Landlord is responsible for Heat and some HW. Tenants pay their own electric. Rents are below market. See attached OM for rent roll (including pro forma) and detailed incomes/expenses.
Location
State MA
County Essex
Zoning R3
Direction Please use GPS
Interior
Heating Hot Water, Natural Gas
Exterior
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Other
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Arfaat Ali • Coldwell Banker Realty - Lexington
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