1016 Chestnut St., Palmer, MA 01550
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
1016 Chestnut St.,Palmer, MA 01550
$449,900
- 5 Beds
- 2 Baths
- 2,616 sq. ft.
- Multi-family
- Active
Listed by: gwendolyn levine
Office: executive real estate, inc.
MLS#:73509485
Source:MLSPIN
Price summary
- Price:$449,900
- Price per sq. ft.:$171.98
About this home
Fantastic opportunity for income producing or multi generational living! This single-family home is currently being utilized as a two-family, offering flexible living arrangements for today’s needs. Live in one unit while generating rental income from the other potentially offsetting your mortgage. The home has been remodeled and features 5 bedrooms (3bedrooms on one level and. 2 on the second) updated kitchens and bathrooms, enclosed porches, lots of wood floors throughout and much more! Also included is a large 40 ft Lx26 ft wide and 12 foot walls workshop-style garage, ideal for a tradesperson working from home or for additional rental income. A versatile property with strong income potential, buyer to perform due diligence regarding use.
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Home facts
- Year built:1904
- Listing ID #:73509485
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Tile, Wood
- Kitchen Description:Kitchen
- Living area:2,616 sq. ft.
Structure and exterior
- Year built:1904
- Building area:2,616 sq. ft.
- Lot area:0.42 Acres
- Lot Features:Level
- Exterior Features:Deck
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,900
- Price per sq. ft.:$171.98
- Tax amount:$5,957 (2025)
Parking
- Total parking spaces:10
- Parking description:Off Street
- Garage:Yes
- Garage spaces:4
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