1016 Chestnut St Palmer, MA 01069
Palmer AreaEstimated payment $2,940/month
Highlights
- Deck
- Living Room
- Level Lot
- Wood Flooring
- 4 Car Garage
About This Home
Fantastic opportunity for income producing or multi generational living! This single-family home is currently being utilized as a two-family, offering flexible living arrangements for today’s needs. Live in one unit while generating rental income from the other potentially offsetting your mortgage. The home has been remodeled and features 5 bedrooms (3bedrooms on one level and. 2 on the second) updated kitchens and bathrooms, enclosed porches, lots of wood floors throughout and much more! Also included is a large 40 ft Lx26 ft wide and 12 foot walls workshop-style garage, ideal for a tradesperson working from home or for additional rental income. A versatile property with strong income potential, buyer to perform due diligence regarding use.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,957
Year Built
- Built in 1904
Lot Details
- 18,295 Sq Ft Lot
- Level Lot
Parking
- 4 Car Garage
- 6 Open Parking Spaces
- Off-Street Parking
Home Design
- Duplex
- Concrete Perimeter Foundation
Interior Spaces
- 2,616 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Community Details
- 2 Units
- Net Operating Income $19,200
Listing and Financial Details
- Assessor Parcel Number 3146920
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,957 | $328,200 | $56,600 | $271,600 |
| 2024 | $4,871 | $260,900 | $51,500 | $209,400 |
| 2023 | $4,708 | $242,200 | $51,500 | $190,700 |
| 2022 | $4,674 | $218,400 | $45,100 | $173,300 |
| 2021 | $22,493 | $196,700 | $49,800 | $146,900 |
| 2020 | $4,302 | $188,700 | $49,800 | $138,900 |
| 2019 | $4,178 | $188,700 | $49,800 | $138,900 |
| 2018 | $4,049 | $183,400 | $48,400 | $135,000 |
| 2017 | $19,241 | $183,400 | $48,400 | $135,000 |
| 2016 | $3,661 | $172,100 | $47,000 | $125,100 |
| 2015 | $3,550 | $172,100 | $47,000 | $125,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | Price Changed | $449,900 | -5.3% | $172 / Sq Ft |
| 04/16/2026 04/16/26 | For Sale | $474,900 | -- | $182 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $83,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,000 | No Value Available | |
| Open | $67,400 | No Value Available | |
| Closed | $9,000 | No Value Available | |
| Closed | $66,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73509485
APN: PALM-000055-000000-000047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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Ask me questions while you tour the home.