
1039-1041 Central St Palmer — Photo 1 of 42
$555,000
1039-1041 Central St, Palmer, MA 01069
Palmer, MA 01069
Beds
4
Baths
4
SqFt
2,328
Style
4 Family - 4 Units Up/Down
Built
1870
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 10/2 by appt only. Text list agent to schedule.
Key facts
It was listed on September 28, 2026. The annual property taxes are $4,908 (2026 tax year). It sits on a 0.31-acre (13,697 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Palmer, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Questions about this home
When was 1039-1041 Central St, Palmer listed?
1039-1041 Central St, Palmer was listed on September 28, 2026.
Has the price of 1039-1041 Central St, Palmer changed?
The price hasn't changed since it was listed at $555,000.
What are the property taxes for 1039-1041 Central St, Palmer?
The annual property taxes for 1039-1041 Central St, Palmer are $4,908 (2026 tax year).
How big is the lot at 1039-1041 Central St, Palmer?
1039-1041 Central St, Palmer sits on a 0.31-acre (13,697 sq ft) lot.
What is the status of 1039-1041 Central St, Palmer?
1039-1041 Central St, Palmer is actively listed for sale.
Population
8,821
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$80K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
25.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Hampden County
358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: The Merrill Group
Listing Office: Naples Realty Group
MLS® Number: 73583322







