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$555,000

Active

1039-1041 Central St

Palmer, MA, 01069

Multi-Family · MLS #73583322

Price/sqft

$238

Days on market

6 days

Year built

1870

Lot size

0.31 ac

4 full

Baths

2,328 sq ft

Sq Ft

0.31 acres

Lot

1870

Year Built

Taxes: $4,908 (2026)

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. Group showings Fri. PM 10/2 by appt only. Text list agent to schedule.

Location

1039-1041 Central St, Palmer, MA, 01069

Property details

Road type
Public
Basement
Full, Dirt Floor
Electric
100 Amps

Listed by The Merrill Group · Naples Realty Group

Schedule a showing

1039-1041 Central St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,678 / month

Down payment20% · $111,000
Interest rate7.28%

Loan term

Principal & interest
$3,038
Property tax
$409
Home insurance
$231

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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