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$450,000
10
Beds
4
Baths
3,696
Living Area
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Property Description
Well-maintained 4-family in Palmer offering a strong investment opportunity with all units currently rented and steady cash flow. All 4 apartments are Lead Certified. Separate utilities (electric & propane hot water baseboard), all separately metered. Recent improvements under current ownership include four new propane hot water/heating systems installed after 2021, improving efficiency and reducing maintenance costs. Per prior ownership, additional capital improvements include: roof (2007), replacement windows, electrical & plumbing updates (2008–2009), gutters (2018), exterior doors (2020), basement repointing (2020). Units offer functional layouts with hardwood floors in most units (Unit C has carpeted bedrooms). Large yard on a dead-end street near St. Joseph’s Park, convenient to amenities and commuter routes. Ideal turnkey multifamily investment with stable income and long-term upside.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1880
- Parking Spots: 4
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 18
- Status: Closed
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Additional Details
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exclusions: Washers And Dryers In Basement Belong To Tenants
- Flooring: Tile, Vinyl, Carpet, Hardwood
- Lot Features: Wooded, Cleared, Level
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Brick
- Exterior Features: Rain Gutters
- Foundation: Brick/Mortar
- Road Frontage Type: Public, Dead End
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Sr
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $425,800
- Taxes: $7,017
- Tax Year: 2025
- Total Rent: $4,830
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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 Real Broker MA, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
