Excellent investment or owner-occupant opportunity! This well-kept 5-unit property is ideally situated near local amenities, the MA Pike, and major routes. Each unit offers a mix of wood, carpet, tile, and vinyl flooring, separate gas and electric meters, town water and sewer, and two off-street parking spaces. Unit A features 2 bedrooms, 1.5 baths, and a decorative fireplace. Units B–D each include 2 bedrooms and 1 bath, while Unit E offers 1+ bedroom, 1 bath, a flexible office/den space, a slider, and a built-in AC unit. Shared amenities include a grassy backyard, welcoming porch, and coin-op laundry in the basement. A 1-bay garage provides storage potential (door needs replacement). All units have been updated under current ownership, and one unit is currently vacant—offering immediate leasing flexibility or an owner-occupancy option. With strong area rents and well-maintained systems, this property delivers stable income, growth potential, and long-term value for any savvy investor
Sold for $450,000
$450,000
4014 School St, Palmer, MA 01069
9beds
3,058sqft
5+ Family - 5+ Units Up/Down
Built in 1914
-- sqft lot
$555,600 Zestimate®
$147/sqft
$1,731 Estimated rent
Home value
$555,600
$506,000 - $617,000
$1,731/mo
Zestimate® history
Owner options
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$2,916/mo
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List your homeWhat's special
Decorative fireplaceGrassy backyardBuilt-in ac unitWelcoming porch
Zillow last checked:
Listing updated:
Listed by:
Lauren Mace 508-688-1125,
William Neylon Real Est. 978-355-2154
Bought with:
Logan Lacroix
NextHome Elite Realty
Source: MLS PIN,MLS#: 73445192
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Washer, Dryer, Range, Refrigerator
Features
- Laundry Room, Bathroom With Tub, Internet Available - Unknown, Living Room, Kitchen
- Flooring: Wood, Vinyl, Carpet, Laminate, Tile
- Basement: Walk-Out Access,Garage Access,Sump Pump,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 3,058
- Total interior livable area: 3,058 sqft
- Finished area above ground: 3,058
Property
Parking
- Total spaces: 11
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Garage spaces: 1
- Uncovered spaces: 10
Features
- Patio & porch: Porch, Deck - Wood
Lot
- Size: 0.44 Acres
- Features: Gentle Sloping, Level
Details
- Parcel number: M:82 B:96,3149519
- Zoning: VC4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1914
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public, Individual Meter
- Utilities for property: for Electric Range
Green energy
- Energy efficient items: Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
Location
- Region: Palmer
HOA & financial
Other financial information
- Total actual rent: 4925
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $450,000-14.3%$147/sqft |
Source: MLS PIN #73445192 Report a problem | ||
| 11/8/2025 | Price change | $525,000-9.3%$172/sqft |
Source: MLS PIN #73445192 Report a problem | ||
| 10/21/2025 | Listed for sale | $579,000+110.5%$189/sqft |
Source: MLS PIN #73445192 Report a problem | ||
| 4/2/2018 | Listing removed | $275,000$90/sqft |
Source: EXIT REAL ESTATE EXECUTIVES #72294921 Report a problem | ||
| 3/31/2018 | Pending sale | $275,000$90/sqft |
Source: EXIT Real Estate Executives #72294921 Report a problem | ||
| 3/19/2018 | Listed for sale | $275,000$90/sqft |
Source: EXIT Real Estate Executives #72294921 Report a problem | ||
| 10/25/2017 | Listing removed | $750 |
Source: Xact Property Management LLC Report a problem | ||
| 10/9/2017 | Listed for rent | $750 |
Source: Xact Property Management LLC Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01069
Nearby schools
GreatSchools rating
- 3/10Old Mill Pond Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Palmer High SchoolGrades: 7-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Old Mill Pond
- Middle: Palmer High
- High: Palmer High/Pathfinder
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$555,600
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+$11,112
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$566,712
- Massachusetts
- Hampden County
- Palmer
- 01069
- 4014 School St
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