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    1417 Park St

    Palmer, MA 01069
    • $350,000
    • STATUS: Active
    • MLS #: 72803119
    UPDATED: 39 min ago
    $350,000
    • 0
      BEDS
    • 1.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Jason Regan of Keller Williams Realty North Central.

    Description

    Are you looking for your next investment. Come see this 8 unit motel building. Each unit has one room and a bathroom. There is also a bonus unfinished unit on the end that is twice the size of any other unit. Make this a 10 unit or a put a large unit in there and make it 9. Nothing to do here beside put some cosmetic updates into this and start collecting your cash flow. This property easily surpasses a 10 CAP and has the potential to flow over $100,000 a year in gross income once reopened.

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    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. Data last updated 2021-04-18T13:07:57.447.
    www.gillachgroup.com/homes/115420852
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    1417 Park St Palmer, MA 01069

    • Price: $350,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 72803119
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.54
    Acres
    1978
    Built
    Neighborhood:
    Other
    County:
    Hampden
    Area:
    Other
    Property Description
    Are you looking for your next investment. Come see this 8 unit motel building. Each unit has one room and a bathroom. There is also a bonus unfinished unit on the end that is twice the size of any other unit. Make this a 10 unit or a put a large unit in there and make it 9. Nothing to do here beside put some cosmetic updates into this and start collecting your cash flow. This property easily surpasses a 10 CAP and has the potential to flow over $100,000 a year in gross income once reopened.
    Exterior Features

    Construction Frame Location Highway AccessPublic Transportation Parking Features Open11-20 Spaces Parking Spaces 16 Roof Material Shingle Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 1586.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 23800.00 Assessed Value Land 122200.00 Assessed Value Total 146000.00 Commercial Industrial Type Commercial Disclosure No Disclosures Buyer To Do Their Own Due Diligence. The Seller Has No Knowledge Of The Property. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 0 Rsu Units 8 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 3329.00 Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Bus Gen

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Jason Regan of Keller Williams Realty North Central.


    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. Data last updated 2021-04-18T13:07:57.447.
     
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    The Gillach Group | William Raveis Real Estate
    191 Grove Street
    Chestnut Hill MA, 02467
    Listing courtesy of Jason Regan of Keller Williams Realty North Central.