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1061-1063 Pleasant St, Palmer MA 01069

$399,999

Estimated $1,121/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $99,999.75

Total Rent: 50400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3236

Total Parking: 6

6,098 (0.14)

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.

This home has been viewed 15 times

Last Checked: July 16th, 2026 at 6:23am (Source: MLS PIN #73545109)

Gross Income: $50,400

Gross Expenses: $5,663

Net Income Calc: $44,737

Annual Expenses for 1061-1063 Pleasant St, Palmer MA 01069

Total Gross Expenses (Calculated)$5,663/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5663

Annual Income & Unit Breakdown for 1061-1063 Pleasant St, Palmer MA 01069

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 1061-1063 Pleasant St, Palmer MA 01069

Listing ID73545109

Property TypeMulti Family / 4 Family

Price399999 ($123.61/SqFt)

Style4 Family - 4 Units Up/down

CityPalmer

CountyHampden

Neighborhood(s)

Approximate Living Area Total3236

Approximate Lot Size (Acres)0.14

Total Parking6

Garage Parking0

Year Built1875

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningVC1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1061-1063 Pleasant St, Palmer MA 01069

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

Financial Data Source

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 1061-1063 Pleasant St, Palmer MA 01069

Real Estate Taxes5663

Tax Year2025

Assessed Value$312,000

Financial Data Source

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 1061-1063 Pleasant St, Palmer MA 01069

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1061-1063 Pleasant St, Palmer MA 01069

Agent

Name: Andrew Rodman

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Payment Calculator

, Interest

Property Taxes 471.92

Principal & Interest 2464.67

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

Andrew Rodman

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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    [unparsed] => 1061-1063 Pleasant St, Palmer MA 01069
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EXIT

25 More Photos

Pending

1061-1063 Pleasant St, Palmer MA 01069

$399,999

Annual Expenses for 1061-1063 Pleasant St, Palmer MA 01069

Annual Income & Unit Breakdown for 1061-1063 Pleasant St, Palmer MA 01069

General Information for 1061-1063 Pleasant St, Palmer MA 01069

Disclosures for 1061-1063 Pleasant St, Palmer MA 01069

Financial Information for 1061-1063 Pleasant St, Palmer MA 01069

Location Information for 1061-1063 Pleasant St, Palmer MA 01069

Contact Information for 1061-1063 Pleasant St, Palmer MA 01069

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lock and Key Realty Inc.

Andrew Rodman