Under Agreement

1061-1063 Pleasant St, Palmer, MA

Palmer · MA 01069

$399,999
Price
5
Beds
4
Baths
3236
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1875
Units: 4 Units
Lot size: 6,098 Sq.Ft Lot
Price per square foot: $124 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Excellent investment opportunity to own a fully occupied four-unit multifamily property in Palmer. This income-producing asset features a desirable unit mix of three 1-bedroom apartments and one 2-bedroom apartment, providing strong rental demand and diversification.The property currently generates $4,200 per month in gross rental income, offering immediate cash flow for investors looking to expand their portfolio or enter the multifamily market.Conveniently located with easy access to local amenities, shopping, restaurants, schools, and major routes, this property appeals to a broad tenant base. Whether you're a seasoned investor or looking for a turnkey multifamily investment, 1061–1063 Pleasant Street presents an excellent opportunity with stable rental income and long-term upside.

Neighborhood & Transit

1061-1063 Pleasant 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:
121 days
Listing Price:
$399,999
Price per Sq.Ft:
$124
Tax Assessment:
$312,000 in 2025
Taxes:
$472 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,236 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3236
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
6,098 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 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
Andrew Rodman
Listing office
Lock and Key Realty Inc.
MLS PIN #
73545109
Disclosure
Buyers and buyers agent to any and all due diligence