$555,000
1039-1041 Central St
Palmer, MA, 01069
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.
Property Details
Price:
$555,000
MLS #:
73583322
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Listed Date:
Sep 28, 2026
Finished Sq Ft:
2,328
Total Sq Ft:
2,328
Lot Size:
13,697 sqft / 0.31 acres (approx)
Year Built:
1870
Units:
4
Schools
Interior
Above Grade Finished Area
2328
Bathrooms
4 Full Bathrooms
Flooring
Vinyl
Levels
4
Exterior
Construction Materials
Frame, Post & Beam
Lot Features
Level
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
8
Parking Total
8
Roof
Shingle
Stories
4
Financial
Tax Year
2026
Taxes
$4,908
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…
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Map
Current real estate data for Multi Family in Palmer as of Nov 08, 2026
9
Multi Family Listed
85
Avg DOM
165
Avg $ / SqFt
$409,211
Avg List Price
Community
- Address1039-1041 Central St Palmer MA
- CityPalmer
- CountyHampden
- Zip Code01069
Subdivisions in Palmer
Similar Listings Nearby
Property Summary
- 1039-1041 Central St Palmer MA is a Multi Family for sale in Palmer, MA, 01069. It is listed for $555,000 To schedule a showing of MLS#73583322 at 1039-1041 Central St in Palmer, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Naples Realty Group. 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.
1039-1041 Central St
Palmer, MA