$474,900
1016 Chestnut St.
Palmer, MA, 01069
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.
Property Details
Price:
$474,900
MLS #:
73502679
Status:
Active
Beds:
5
Baths:
2
Address:
1016 Chestnut St.
Type:
Single Family
Subtype:
Single Family Residence
City:
Palmer
Listed Date:
Apr 16, 2026
State:
MA
Finished Sq Ft:
2,616
Total Sq Ft:
2,616
ZIP:
01069
Lot Size:
18,295 sqft / 0.42 acres (approx)
Year Built:
1904
Schools
Interior
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Wood, Tile
Heating
Forced Air, Oil
Laundry Features
First Floor
Exterior
Architectural Style
Colonial
Community Features
Public Transportation, Medical Facility, Laundromat, Highway Access, Public School
Exterior Features
Porch – Enclosed, Deck – Wood
Parking Features
Detached, Paved Drive, Off Street
Parking Spots
12
Financial
Tax Year
2025
Taxes
$5,957
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
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Courtesy of Executive Real Estate, Inc.. The property listing data and information 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 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 set forth herein.
1016 Chestnut St.
Palmer, MA
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