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.
Discover a Remarkable Multi-Family Opportunity in Palmer, MA!Welcome to 4041-4043 Church Street, a charming and spacious multi-family Colonial offering a unique blend of historic character, versatility, and investment potential. Built in 1845, this impressive property features approximately 3,320 sq. ft. of living space across three stories.With 5 well-proportioned bedrooms and 4 full bathrooms, there is plenty of room for comfortable living and flexible use. The home's versatile layout provides numerous possibilities for the investors. A functional basement adds valuable storage and utility space.Situated on a 6,534 sq. ft. lot, the property also offers a manageable outdoor area to enjoy. Whether you're looking for a multi-family investment opportunity or a spacious property with character and potential, this Colonial is ready for its next chapter.Don't miss the opportunity to explore all that 4041-4043 Church Street has to offer. Schedule your private showing today!
Back on Market!! Well-maintained two-family home conveniently located just two minutes from Baystate Wing Hospital and the Mass Pike, providing easy access for commuters and everyday amenities. The vacant second-floor unit offers 3 bedrooms, making it an excellent opportunity for an owner-occupant or investor seeking market-rate rental income. The occupied first-floor unit features 2 bedrooms. Both apartments include spacious enclosed porches, separate laundry hookups in the basement, and ample storage. Recent improvements include new vinyl siding, vinyl replacement windows throughout, LVP flooring and granite countertops in the vacant unit, a new roof (2024), and both electrical panels replaced in 2024. Each unit is served by its own forced-air furnace, both replaced within the last five years. Off-street parking adds to the property's convenience and appeal.
Positioned in a high-demand corridor of Massachusetts/New Hampshire, this property offers a rare combination of stability, growth, potential, and modern functionality with flexible layouts and strong tenant appeal. It is ideally suited for many possible outcomes and incomes. Lot 77 is a versatile 0.385-acre, 2268-square-foot building and development site located in Palmer’s VC4 Village Zoning District, offering a rare combination of size, visibility, and zoning flexibility. The property supports a wide range of uses, including retail, office, mixed-use, residential, multi-family, cold storage, and live-work configurations, making it an attractive opportunity for developers, investors, and owner operators.This property has already undergone wetland delineation, and the wetland sketch is available. The town allows a 4-unit multifamily redevelopment without a special permit, and with the additional parking area, the site could accommodate even more units with a special permit .CASH AS-IS
