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For sale
  • $555,000

    1039-1041 Central St, Palmer, MA 01069

    4beds
    2,328sqft
    : 
    $4,048/mo
    Get pre-qualified
    4 Family - 4 Units Up/Down
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Hardwired security systemNewer roofAmple off-street parking
    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.
    22 days
    215
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    The Merrill Group 413-478-8354,

    Naples Realty Group 413-650-1314

    Source: MLS PIN,MLS#: 73583322

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Features
      • Flooring: Vinyl
      • Basement: Full,Dirt Floor
      • Has fireplace: No
      Interior area
      • Total structure area: 2,328
      • Total interior livable area: 2,328 sqft
      • Finished area above ground: 2,328

      Property

      Parking
      • Total spaces: 8
      • Parking features: Paved Drive, Off Street
      • Uncovered spaces: 8
      Lot
      • Size: 0.31 Acres
      • Features: Level
      Details
      • Parcel number: M:0058 B:0181 L:0000,3147503
      • Zoning: TR

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 4 Family - 4 Units Up/Down
      Materials
      • Frame, Post & Beam
      • Foundation: Stone, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1870

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Palmer

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $262,600
      • Annual tax amount: $4,908
      • Date on market: 9/28/2026
      • Total actual rent: 5550

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/28/2026Listed for sale$555,000$238/sqft
        Source: MLS PIN #73583322 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01069

        Getting around

        61 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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