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.
Pending
$399,999
1061-1063 Pleasant St, Palmer, MA 01069
5beds
3,236sqft
4 Family - 4 Units Up/Down
Built in 1875
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
- 16 days
- 8
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Andrew Rodman 413-386-3558,
Lock and Key Realty Inc. 413-282-8080
Source: MLS PIN,MLS#: 73545109
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: 9/20/2026
- Total actual rent: 4200
Estimated market value
Not available
Estimated sales range
Not available
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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01069
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