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140-142 Bourne Street, Palmer MA 01080

$429,900

Estimated $1,228/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $214,950

Total Rent: 9000/year

Estimated CAP Rate:

4 Bedrooms

Baths

1614

Total Parking: 12 (2 Garage)

53,579 (1.23)

Private country living best describes this highly desirable Bourne Street raised ranch style Duplex constructed in 1988! Situated on a huge, flat and partially fenced-in 1.38 acre lot, offering many possibilities to the buyer and offering ideal privacy as it is surrounded by conservation land to the front, rear, and side. Unit 140 is vacant and ready for immediate owner occupancy, complete with laminate flooring and newer appliances (2025- stove, refrigerator, dishwasher, washer, dryer). Both units are identical and feature 2-3 bedrooms with 1.5 baths, living room, eat-in kitchen, private deck and huge oversized (16’ x 26’) garages with remote openers on each side. Unit 142 has a long-term tenant who wishes to remain, and the rent could be significantly higher. Both units offer a finished basement consisting of a den/bedroom w/closet, a half bath/ laundry room and utility/storage room. Don’t miss this opportunity, as a rental gem like this only comes across once in a generation. Property is being sold in AS-IS condition.

This home has been viewed 4 times

Last Checked: October 15th, 2026 at 7:58pm (Source: MLS PIN #73591036)

Gross Income: $9,000

Gross Expenses: $6,371

Net Income Calc: $2,629

Annual Expenses for 140-142 Bourne Street, Palmer MA 01080

Total Gross Expenses (Calculated)$6,371/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6371

Annual Income & Unit Breakdown for 140-142 Bourne Street, Palmer MA 01080

Total Gross Income (Calculated)$9,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 140-142 Bourne Street, Palmer MA 01080

Listing ID73591036

Property TypeMulti Family / 2 Family

Price429900 ($266.36/SqFt)

Style2 Family - 2 Units Side By Side

CityPalmer

CountyHampden

Neighborhood(s)

Approximate Living Area Total1614

Approximate Lot Size (Acres)1.23

Total Parking12 (2 Garage)

Garage Parking2

Year Built1988

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningTR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 140-142 Bourne Street, Palmer MA 01080

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsHandmade Pantry Cabinet In Kitchen. Washer And Dryer Negotiable.

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 140-142 Bourne Street, Palmer MA 01080

Real Estate Taxes6371

Tax Year2026

Assessed Value$345,500

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 140-142 Bourne Street, Palmer MA 01080

Neighborhood(s)

Area Amenities

Contact Information for 140-142 Bourne Street, Palmer MA 01080

Agent

Name: Heather A. Goncalves

Office

Name: Grace Group Realty, LLC

Phone: 413-547-6555

Payment Calculator

, Interest

Property Taxes 530.92

Principal & Interest 2648.91

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Grace Group Realty, LLC

Heather A. Goncalves

Agent Phone

Office Phone

(413) 547-6555

Text Agent Call Agent Call Office

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EXIT

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