$474,900
Active1016 Chestnut St.
Palmer, MA, 01550
Multi-Family · MLS #73509485
Price/sqft
$182
Days on market
New today
Year built
1904
Lot size
0.42 ac
2,616 sq ft
Sq Ft
0.42 acres
Lot
1904
Year Built
4 car
Garage
Taxes: $5,957 (2025)
About this home
Fantastic opportunity for income producing or multi generational living! This single-family home is currently being utilized as a two-family, offering flexible living arrangements for todays needs. Live in one unit while generating rental income from the other potentially offsetting your mortgage. The home has been remodeled and features 5 bedrooms (3bedrooms on one level and. 2 on the second) updated kitchens and bathrooms, enclosed porches, lots of wood floors throughout and much more! Also included is a large 40 ft Lx26 ft wide and 12 foot walls workshop-style garage, ideal for a tradesperson working from home or for additional rental income. A versatile property with strong income potential, buyer to perform due diligence regarding use.
Property details
- Road type
- Public
Listed by Gwendolyn Levine · Executive Real Estate, Inc.
Schedule a showing
1016 Chestnut St.
Estimated payment
$3,096 / month
Loan term
- Principal & interest
- $2,401
- Property tax
- $496
- Home insurance
- $198
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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