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1039-1041 Central St

Palmer, MA 01069
$555,000
4 Beds
4 Baths
2,328 Living Area
  • Property Description
    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. Group showings Fri. PM 10/2 by appt only. Text list agent to schedule.
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1870
    • Parking Spots: 8
    • Property Type: 4 Family - 4 Units Up/Down
    • Total Rooms: 16
    • Status: Active
  • Additional Details
    • Basement: Full, Dirt Floor
    • Flooring: Vinyl
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 4
    • Year Built Source: Public Records
    • Construction: Frame, Post & Beam
    • Foundation: Stone, Brick/Mortar
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Tr
  • Amenities
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $262,600
    • Taxes: $4,908
    • Tax Year: 2026
    • Total Rent: $5,550

Location

1039-1041 Central St, Palmer, MA 01069

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Naples Realty Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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