Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include ample off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units. All tenants are currently on a month-to-month basis, offering immediate rental upside. Total current gross income is $10,200/month. (For MLS unit detail: Units 6, 7, and 8 each have 4 rooms, 2 bedrooms, 1 bath, stove and refrigerator remain, rent is $1,300/month each.) Add this high-performer to your portfolio today!

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Basic Information

Gross Income $123,000
Mls StatusNew
Parcel Number M:60 B:46,3147653
Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $681,300
Tax Year 2025
Taxes$13,041

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street
Parking Spaces8

Rooms

Bathroom8
Bathrooms Total Decimal 8
Bedrooms16
Full Bath8

Basic Information

List Price$929,000
MLS Number73546953
Modification Date07/08/2026
Property SubType5-9 Family

Location

Address2 Green Street
Building Number2
CountyHampden
StateMA
StreetGreen Street
TownPalmer
Zip01069

Building

Building Area Units Square Feet
Construction Materials Frame
Door Features Storm Door(s)
FoundationConcrete Perimeter
Levels 5
Rooms32
Stories5
Units8
Utilities For Electric Range, For Electric Oven
Year Built1965
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.26

Interior

Flooring Vinyl
Interior Features Living Room, Kitchen, Remodeled

Exterior

RoofShingle

Utilities

Electric Individually Metered
Electric Expense 1200
Heat SystemYes
Heating Baseboard
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 5,472
Lot Size Square Feet 11,326
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet5,472

Amenities

AmenitiesShopping, Medical Facility, Highway Access, Public School
Appliances IncludedWasher, Dryer, Range, Microwave, Refrigerator

Legal

ZoningTR

Other

Date Listed07/09/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA