1016 Chestnut St., Palmer, MA 01550

Palmer
Local realty services provided by:ERA The Castelo Group
1016 Chestnut St.,Palmer, MA 01550
$474,900
  • 5 Beds
  • 2 Baths
  • 2,616 sq. ft.
  • Multi-family
  • Active
Listed by: gwendolyn levine
Office: executive real estate, inc.
MLS#:73509485
Source:MLSPIN

Price summary

  • Price:$474,900
  • Price per sq. ft.:$181.54

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 today’s 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.

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Home facts

  • Year built:1904
  • Listing ID #:73509485
  • Updated:April 30, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Flooring:Tile, Wood
  • Kitchen Description:Kitchen
  • Living area:2,616 sq. ft.

Structure and exterior

  • Year built:1904
  • Building area:2,616 sq. ft.
  • Lot area:0.42 Acres
  • Lot Features:Level
  • Exterior Features:Deck
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$474,900
  • Price per sq. ft.:$181.54
  • Tax amount:$5,957 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:4
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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