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1 Lariviere Ave
Three Rivers, MA 01080
Palmer Gardens · Multifamily Property For Sale · 47 Units

INVESTMENT HIGHLIGHTS

  • 100% MARKET-RATE WITH STRONG PROPERTY LEVEL FUNDAMENTALS
  • STRONG RENTER DEMOGRAPHICS & ACCESS TO LIFESTYLE AMENITIES
  • SIGNIFICANT REMAINING UPSIDE IN RENTS THROUGH LTL & RENOVATIONS

PROPERTY FACTS

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.48 AC
Building Size 39,284 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1969/2022
Zoning VC2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - 600
1+1 11 - 700
2+1 35 - 700 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PALM-000070-000000-000093
Land Assessment
$270,400
Improvements Assessment
$5,550,100
Total Assessment
$5,820,500
  • Listing ID: 32876189

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 1 Lariviere Ave, Three Rivers, MA 01080

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