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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1061-1063 Pleasant St , Palmer, MA 01069
$399,999
Est. Payment: $888.89/mo
5 Bed
4 Bath
3236 Sqft
Status: Under Agreement | Days on site: 71
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AN5521 - CN218763
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House Description

Excellent investment opportunity to own a fully occupied four-unit multifamily property in Palmer. This income-producing asset features a desirable unit mix of three 1-bedroom apartments and one 2-bedroom apartment, providing strong rental demand and diversification.The property currently generates $4,200 per month in gross rental income, offering immediate cash flow for investors looking to expand their portfolio or enter the multifamily market.Conveniently located with easy access to local amenities, shopping, restaurants, schools, and major routes, this property appeals to a broad tenant base. Whether you're a seasoned investor or looking for a turnkey multifamily investment, 1061–1063 Pleasant Street presents an excellent opportunity with stable rental income and long-term upside.

Highlights

Listed by Andrew Rodman , 413-386-3558 Lock and Key Realty Inc. , 413-282-8080.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1875

County

Hampden

Listing ID

73545109

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Wood,Vinyl
Water:Public

Exterior Features

Garage Capacity:6
Zoning:VC1
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Driveway,Parking Spaces: 6
Principal Interest
$889
Taxes
$472

Home Price

$399,999

Loan Details

30 yrs
%

Down Payment

20%
$80,000
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Monthly Price:
$888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $888.89 $471.92 $0.00 $1,360.80
Yearly $10,666.64 $5,663.00 $0.00 $16,329.64
Total $319,999.20 $169,890.00 $0.00 $489,889.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palmer, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.