Fantastic investment opportunity! This well-maintained two-family home is fully rented with long-term tenants and offers a great combination of updates, income potential, and desirable features. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. Both units have their own covered front porches, while the first-floor apartment also enjoys a large wrap-around deck overlooking the nice, private yard. All windows have been recently replaced, and both the house and detached 2-car garage feature durable metal roofs. The property has seen numerous updates and has been well cared for over the years. With established long-term tenants, excellent outdoor space, a detached 2-car garage, newer windows, and metal roofs, this is a terrific opportunity to add a solid, income-producing property to your portfolio!
This home has been viewed 4 times
Last Checked: August 5th, 2026 at 7:33pm (Source: MLS PIN #73559411)
Gross Income: $34,500
Gross Expenses: $4,980
Net Income Calc: $29,520
Water Views
Annual Expenses for 1686-1688 N Main St, Palmer MA 01069
Total Gross Expenses (Calculated)$4,980/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4980
Annual Income & Unit Breakdown for 1686-1688 N Main St, Palmer MA 01069
Total Gross Income (Calculated)$34,500
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 1686-1688 N Main St, Palmer MA 01069
Listing ID73559411
Property TypeMulti Family
Price324900 ($140.65/SqFt)
StyleMulti Family
CityPalmer
CountyHampden
Neighborhood(s)
Approximate Living Area Total2310
Approximate Lot Size (Acres)0.34
Total Parking9 (2 Garage)
Garage Parking2
Year Built1900
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
ZoningTR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1686-1688 N Main St, Palmer MA 01069
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 1686-1688 N Main St, Palmer MA 01069
Real Estate Taxes4980
Tax Year2025
Assessed Value$274,400
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 1686-1688 N Main St, Palmer MA 01069
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 1686-1688 N Main St, Palmer MA 01069