$399,999
 $2,147 est/mo Sourced by Back At You

1061-1063 Pleasant St,Palmer, MA 01069

Palmer, MA 01069

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Description

Excellent investment opportunity to own a fully occupied four-unit multifamily property in Palmer. This income-producing asset features a desirable unit mix of three 1-bedroom apartments and one 2-bedroom apartment, providing strong rental demand and diversification.The property currently generates $4,200 per month in gross rental income, offering immediate cash flow for investors looking to expand their portfolio or enter the multifamily market.Conveniently located with easy access to local amenities, shopping, restaurants, schools, and major routes, this property appeals to a broad tenant base. Whether you're a seasoned investor or looking for a turnkey multifamily investment, 1061-1063 Pleasant Street presents an excellent opportunity with stable rental income and long-term upside.

Details

MLS #73545109
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1875
Days On Site83
Listing Provided ByLock and Key Realty Inc. | Andrew Rodman

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet3,236
BasementY
Story(s)4
Units4
ZoningVC1
Acreage0.14

Interior

Rooms Total16
Fireplaces Total4
Fireplace Yes / NoYes
FlooringWood, Vinyl

Exterior

RoofShingle
Foundation DetailsStone

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Driveway
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount5663
Tax Assessed Value312000
Tax Year2025

Location

Community FeaturesMedical Facility, Highway Access, House of Worship, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyHampden
CityPalmer
Zip Code01069
AreaHampden
Listing VS Median (in 01069)
Price:
$399,999
low | high
Med:
$364,450
58.887272218181% of Average
sqft:
3,236
low | high
Med:
1,681
98.053152039555% of Average
$ / sqft:
$124
low | high
Med:
$227
33.968018446856% of Average
On site:
83
low | high
Med:
47
100% of Average
Sourced by Back At You

Market Activity 01069

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Learn More About This Property

StateMA
CountyHampden
CityPalmer
Zip Code01069
AreaHampden
Listing VS Median (in 01069)
Price:
$399,999
low | high
Med:
$364,450
58.887272218181% of Average
sqft:
3,236
low | high
Med:
1,681
98.053152039555% of Average
$ / sqft:
$124
low | high
Med:
$227
33.968018446856% of Average
On site:
83
low | high
Med:
47
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
1009 Maple Street Property Photo 1
$369,900
1009 Maple Street
Palmer, MA 01069
Listing Updated: September 15, 2026 at 9:29:47 AM PDT