For Sale
1039-1041 Central St, Palmer, MA
Palmer · MA 01069
- $555,000
- Price
- 4
- Beds
- 4
- Baths
- 2328
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1870
Units:
4 Units
Lot size:
0.31 Acre Lot
Price per square foot:
$238 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
If you or your clients have been searching for a meticulously maintained, turn-key four-unit property, 1039-1041 Central Street is the ideal find for both first-time investors looking to move right into the vacant unit and let the remaining tenants cover the mortgage, and seasoned investors seeking a high-performing asset that is already beating the 1% rule. Featuring three currently occupied units and one intentionally left vacant for immediate move-in readiness, every unit has been recently updated and offers split utilities with electric heat, complemented by a newer roof, updated mechanicals, a hardwired security system, convenient on-site laundry in the basement, and ample off-street parking just minutes from the Mass Pike. As an added bonus for those looking to scale quickly, this property can also be purchased as a portfolio package with an upcoming six-unit building in nearby Monson, MA, making it a rare, high-yield opportunity you won't want to miss.
Neighborhood & Transit
1039-1041 Central St, Palmer · MA 01069
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 37 days
- Listing Price:
- $555,000
- Price per Sq.Ft:
- $238
- Tax Assessment:
- $262,600 in 2026
- Taxes:
- $409 / Monthly
Home Facts
Interior Features
- Bedrooms
- 4
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 2,328 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2328
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 100 Amps
Exterior Features
- Lot Size
- 13,697 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Merrill Group
- Listing office
- Naples Realty Group
- MLS PIN #
- 73583322
- Disclosure
- Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to exercise due diligence and independently verify all property information, including but not limited to square footage, room count, lot dimensions, boundary lines, tax amounts, zoning, permitted uses, and utilities. Seller and