Pending

$399,999

1061-1063 Pleasant St, Palmer, MA 01069

5beds

3,236sqft

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4 Family - 4 Units Up/Down

Built in 1875

-- sqft lot

$-- Zestimate^®

$124/sqft

$-- HOA

What's special

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.

11 days

370

24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Features

Flooring: Wood, Vinyl
Basement: Full
Number of fireplaces: 4

Interior area

Total structure area: 3,236
Total interior livable area: 3,236 sqft
Finished area above ground: 3,236

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Driveway
Uncovered spaces: 6

Lot

Size: 6,098 Square Feet

Details

Parcel number: M:58 B:201,3147524
Zoning: VC1

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family - 4 Units Up/Down

Materials

Foundation: Stone
Roof: Shingle

Condition

Year built: 1875

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Medical Facility, Highway Access, House of Worship, Public School

Location

Region: Palmer

Financial & listing details

Price per square foot: $124/sqft
Tax assessed value: $312,000
Annual tax amount: $5,663
Date on market: 7/6/2026
Total actual rent: 4200

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/15/2026	Pending sale	$399,999$124/sqft
Source: MLS PIN #73545109 Report a problem
7/6/2026	Listed for sale	$399,999$124/sqft
Source: MLS PIN #73545109 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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