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4 Beds
4 Baths
2,328 sqft

$555,000

1039-1041 Central St, Palmer MA, 01069

Price per sqft$238.40
Built in1870
Property size2,328 sqft
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 5 days ago

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.

$3,692/mo

Est. mortgage payment based on a $555,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73583322

Interior Features

Bedrooms
4
Bathrooms
4
Basement
Yes

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$4,908
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by The Merrill Group with Naples Realty Group

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Data last updated 3:43 AM UTC, 10/3/2026

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