4014 School St new Save Request In-Person Tour Request Virtual Tour
Palmer,MA 01079
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,058 sqft
Price per Sqft $189
MLS Listing ID 73445192
Bedrooms 9
Full Baths 5
Half Baths 1
Year Built 1914
Annual Tax Amount $6,983
Tax Year 2024
Lot Size 0.440 Acres
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Excellent investment or owner-occupant opportunity! This well-kept 5-unit property is ideally situated near local amenities, the MA Pike, and major routes. Each unit offers a mix of wood, carpet, tile, and vinyl flooring, separate gas and electric meters, town water and sewer, and two off-street parking spaces. Unit A features 2 bedrooms, 1.5 baths, and a decorative fireplace. Units B–D each include 2 bedrooms and 1 bath, while Unit E offers 1+ bedroom, 1 bath, a flexible office/den space, a slider, and a built-in AC unit. Shared amenities include a grassy backyard, welcoming porch, and coin-op laundry in the basement. A 1-bay garage provides storage potential (door needs replacement). All units have been updated under current ownership, and one unit is currently vacant—offering immediate leasing flexibility or an owner-occupancy option. With strong area rents and well-maintained systems, this property delivers stable income, growth potential, and long-term value for any savvy investor
Location
State MA
County Hampden
Area Thorndike
Zoning VC4
Interior
Heating Natural Gas
Cooling None
Flooring Wood,Vinyl,Carpet,Laminate,Tile
Fireplaces Number 1
Exterior
Garage Spaces 1.0
Community Features Public Transportation,Shopping,Medical Facility,Laundromat,Highway Access,Public School
Utilities Available for Electric Range
Roof Type Shingle
Building
Lot Description Gentle Sloping,Level
Story 5
Foundation Other
Sewer Public Sewer
Water Public,Individual Meter
Schools
Elementary Schools Old Mill Pond
Middle Schools Palmer High
High Schools Palmer High/Pathfinder
Others
Acceptable Financing Contract
Listing Terms Contract