$929,000
PENDING

Estimated payment $6,017/month

Total Views 1,822
16 Beds
8 Baths
5,472 Sq Ft
$170 Price per Sq Ft

Highlights

  • Medical Services
  • Shops
  • Baseboard Heating
  • Living Room
  • Property is near schools
  • Storm Doors

About This Home

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!

Listing Agent

Arthur Ferrara

Landmark, REALTORS® Listed on: 07/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,041

Year Built

  • Built in 1965

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,472 Sq Ft Home
  • Living Room
  • Vinyl Flooring
  • Storm Doors
  • Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Parking Spaces
  • Driveway
  • 8 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Separate Meters

Additional Features

  • 11,326 Sq Ft Lot
  • Property is near schools

Listing and Financial Details

  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
  • Assessor Parcel Number M:60 B:46,3147653

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Electric Expense $1,200
  • Insurance Expense $4,000
  • Water Sewer Expense $7,402
  • Operating Expense $38,039
  • Net Operating Income $84,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,041

Year Built

Built in 1965

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1965
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Living Room, Kitchen, Remodeled
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Microwave, Refrigerator
  • Total Bedrooms: 16
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Above Grade Finished Sq Ft: 5472
  • Living Area: 5472
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: M39600

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Heating: Baseboard
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Shopping, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 7402

Lot Info

  • Parcel Number: M:60 B:46,3147653
  • Zoning: TR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13041

Multi Family

  • Electric Expense: 1200
  • Insurance Expense: 4000
  • Net Operating Income: 84961
  • Number Of Units Total: 8
  • Operating Expense: 38039
  • Total Actual Rent: 10200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,366 $681,300 $53,300 $628,000
2024 $11,015 $590,000 $48,400 $541,600
2023 $10,645 $547,600 $48,400 $499,200
2022 $10,445 $488,100 $42,500 $445,600
2021 $9,348 $413,100 $47,100 $366,000
2020 $8,947 $392,400 $47,100 $345,300
2019 $8,688 $392,400 $47,100 $345,300
2018 $3,175 $380,900 $45,700 $335,200
2017 $8,216 $380,900 $45,700 $335,200
2016 $7,944 $373,500 $44,400 $329,100
2015 $7,705 $373,500 $44,400 $329,100
Source: Public Records

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
08/07/2026 08/07/26 Pending -- -- --
07/08/2026 07/08/26 For Sale $929,000 0.0% $170 / Sq Ft
05/04/2026 05/04/26 Off Market $1,250 -- --
01/30/2026 01/30/26 Price Changed $1,250 -16.7% $2 / Sq Ft
12/18/2025 12/18/25 For Rent $1,500 0.0% --
08/04/2025 08/04/25 Off Market $1,500 -- --
02/27/2025 02/27/25 Price Changed $1,500 +20.0% $3 / Sq Ft
02/25/2025 02/25/25 For Rent $1,250 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73546953

MLS Property Information Network (MLS PIN)
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