1039-1041 Central St Palmer, MA ^$ 555,000

1039-1041 Central St

^$ 555,000

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1039-1041 Central St

Palmer, MA, 01069

^$ 555,000

Bedrooms4 Baths4.0 Sq 2,328

Monthly Estimate*

^$ 3,833

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Multi-Family Home for sale in Palmer, MA

for $555,000 with 4 bedrooms and 4 full baths. This 2,328 square foot home was built in 1870 on a lot size of 0.31.

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.

Multi-Family Active

Price

^$ 555,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,908

Style

4 Family - 4 Units Up/Down

Lot Size

0.31

Year Built

1870

Town/City

Palmer

County/Region

Hampden

MLS | Web ID

73583322

List By

The Merrill Group

Listing Agent

Naples Realty Group

Broker

Affordability Calculator

$4,242

Per Month

Monthly Principal & Interest: $3,833
Monthly Property Taxes: $409
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Palmer, MA

Average List Price ^$407,600

Percent of Sale Price 27%

About Palmer, MA

12,346 Population

-1% Since 2002

^$55,202 Median Income

43.99 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
9/28/2026	$555,000		Listed Price

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1039-1041 Central St, Palmer, MA, 01069 is a Multi-Family Home for sale at $555,000 with 2,328 sqft and a lot size of 0.31. 1039-1041 Central St has 4 bedrooms, 4.0 baths, and was built in 1870. The property's zip code is 01069 which is in Palmer, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/14/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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1039-1041 Central St

Multi-Family Home for sale in Palmer, MA

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