Active
6 Days on market
1039-1041 Central St Palmer — Photo 1 of 42

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

This Property
Size (SqFt) →Price →
This Property$238/sqft
Local Avg (Palmer)$233/sqft
2% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Palmer, MA.

Property Details

Financials

Original Price$555,000
Annual Taxes$4,908

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms16
FireplacesNone
FlooringVinyl
BasementFull, Dirt Floor

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofShingle
FoundationStone, Brick/Mortar
ZoningTR

Property & Lot

Acres0.31
SqFt Lot13,697
Lot FeaturesLevel

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 Provided By

Listing Agent: The Merrill Group

Listing Office: Naples Realty Group

MLS® Number: 73583322