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1139 Thorndike St
Palmer, MA 01069
Multifamily Property For Sale · 87 Units
PROPERTY FACTS
| No. Units | 87 | Building Size | 51,310 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | C | Parking Ratio | 3.17/1,000 SF |
| Lot Size | 0.52 AC |
| No. Units | 87 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 51,310 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 3.17/1,000 SF |
About 1139 Thorndike St , Palmer, MA 01069
The Palmer Properties consists of three (3) separate parcels with four 2 & 2 1/2 story brick and wood framed apartment buildings containing 87 residential apartments. The unit mixed: 51 studios, 16 1brs units, and 20 2brs townhouse units. All the units have one bath with the exception of the 20 2brs which have a 1.5 baths plus private basement area. Utilities: tenants pay heat, cooking, and electric while owner pays hot water. Tenants also pays hot water in the 20 townhouse units. There is adequate parking at each property. Good rental history and overall condition is considered to be very good. The three properties have to be sold as a package.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+2 | 87 | - | 350 - 831 |
PROPERTY TAXES
| Parcel Number | PALM-000065-000000-000026 | Improvements Assessment | $1,440,700 |
| Land Assessment | $106,500 | Total Assessment | $1,547,200 |
PROPERTY TAXES
zoning
| Zoning Code | Residental |
| Residental |
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