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Active

2 Green St, Palmer MA 01069

$929,000

Estimated $2,593/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $116,125

Total Rent: 60600/year

Estimated CAP Rate:

16 Bedrooms

Baths

5472

Total Parking: 8

11,326 (0.26)

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!

This home has been viewed 24 times

Last Checked: July 13th, 2026 at 5:14am (Source: MLS PIN #73546953)

Gross Income: $60,600

Gross Expenses: $38,039

Net Income Calc: $22,561

Water Views

Annual Expenses for 2 Green St, Palmer MA 01069

Total Gross Expenses (Calculated)$38,039/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13041

Annual Income & Unit Breakdown for 2 Green St, Palmer MA 01069

Total Gross Income (Calculated)$60,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 2 Green St, Palmer MA 01069

Listing ID73546953

Property TypeMulti Family / 5+ Family

Price929000 ($169.77/SqFt)

Style5-9 Family

CityPalmer

CountyHampden

Neighborhood(s)

Approximate Living Area Total5472

Approximate Lot Size (Acres)0.26

Total Parking8

Garage Parking0

Year Built1965

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningTR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 2 Green St, Palmer MA 01069

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 2 Green St, Palmer MA 01069

Real Estate Taxes13041

Tax Year2025

Assessed Value$681,300

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 2 Green St, Palmer MA 01069

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2 Green St, Palmer MA 01069

Agent

Name: Arthur Ferrara

Office

Name: Landmark, REALTORS®

Phone: 413-596-4500

Payment Calculator

, Interest

Property Taxes 1086.75

Principal & Interest 5724.2

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Landmark, REALTORS®

Arthur Ferrara

Agent Phone

Office Phone

(413) 596-4500

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Active

2 Green St, Palmer MA 01069

$929,000

Annual Expenses for 2 Green St, Palmer MA 01069

Annual Income & Unit Breakdown for 2 Green St, Palmer MA 01069

General Information for 2 Green St, Palmer MA 01069

Disclosures for 2 Green St, Palmer MA 01069

Financial Information for 2 Green St, Palmer MA 01069

Location Information for 2 Green St, Palmer MA 01069

Contact Information for 2 Green St, Palmer MA 01069

Agent

Office

Payment Calculator

Exclusive Listing Agent

Landmark, REALTORS®

Arthur Ferrara