1039-1041 Central St, Palmer, MA 01069

Palmer
Local realty services provided by:Metropolitan Homes
1039-1041 Central St,Palmer, MA 01069
$555,000
  • 4 Beds
  • 4 Baths
  • 2,328 sq. ft.
  • Multi-family
  • Active
Listed by: the merrill group
Office: naples realty group
MLS#:73583322
Source:MLSPIN

Price summary

  • Price:$555,000
  • Price per sq. ft.:$238.4

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...

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Home facts

  • Year built:1870
  • Listing ID #:73583322
  • Updated:October 05, 2026 at 10:59 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Flooring:Vinyl
  • Basement Description:Dirt Floor, Full
  • Living area:2,328 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1870
  • Building area:2,328 sq. ft.
  • Lot area:0.31 Acres
  • Lot Features:Level
  • Construction Materials:Frame, Post & Beam
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$555,000
  • Price per sq. ft.:$238.4
  • Tax amount:$4,908 (2026)

Parking

  • Total parking spaces:8
  • Parking description:Off Street, Paved Drive
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. MLSPIN Member Broker: Michael Albano

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