*Seller requests highest and best offers by 3:00 PM 6/4/26.Please allow adequate time for review and response.* Well-maintained multi unit property featuring strong income potential and recent major improvements throughout. The first-floor unit offers 4 bedrooms and 1 bathroom and is currently rented on a month-to-month basis. The second floor includes a 2 bedroom, 2 bath unit also rented month-to-month, plus an additional vacant studio-style 1 bedroom unit providing flexibility for owner occupancy or additional rental income opportunities.The property was completely remodeled under current ownership and updates include new windows, doors, siding, roof, insulation and mini-split systems installed in each unit. The property also features separate laundry areas for each unit located in the basement. Conveniently located with easy access to major routes and the Mass Pike. A great opportunity for investors or owner-occupants seeking a property with updated systems and flexible living arr
This home has been viewed 7 times
Last Checked: June 19th, 2026 at 5:13am (Source: MLS PIN #73519852)
Gross Income: $56,400
Gross Expenses: $12,069
Net Income Calc: $44,331
Water Views
Annual Expenses for 1537 N Main St, Palmer MA 01069
Total Gross Expenses (Calculated)$12,069/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4243
Annual Income & Unit Breakdown for 1537 N Main St, Palmer MA 01069
Total Gross Income (Calculated)$56,400
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 1537 N Main St, Palmer MA 01069
Listing ID73519852
Property TypeMulti Family / 3 Family
Price525000 ($200.61/SqFt)
Style3 Family
CityPalmer
CountyHampden
Neighborhood(s)
Approximate Living Area Total2617
Approximate Lot Size (Acres)0.14
Total Parking5 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningGB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1537 N Main St, Palmer MA 01069
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsChicken Run
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 1537 N Main St, Palmer MA 01069
Real Estate Taxes4243
Tax Year2025
Assessed Value$233,800
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 1537 N Main St, Palmer MA 01069
Elementary SchoolPer District
Middle SchoolPer District
High SchoolPer District
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 1537 N Main St, Palmer MA 01069