$450,000
SOLD DEC 12, 2025

4014 School St Palmer, MA 01069

9 Beds
5.5 Baths
3,058 Sq Ft
0.44 Acres

Recently Sold

$147 Per Sq Ft

22% Below List Price

26 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of December 2025

Excellent investment or owner-occupant opportunity! This well-kept 5-unit property is ideally situated near local amenities, the MA Pike, and major routes. Each unit offers a mix of wood, carpet, tile, and vinyl flooring, separate gas and electric meters, town water and sewer, and two off-street parking spaces. Unit A features 2 bedrooms, 1.5 baths, and a decorative fireplace. Units B–D each include 2 bedrooms and 1 bath, while Unit E offers 1+ bedroom, 1 bath, a flexible office/den space, a slider, and a built-in AC unit. Shared amenities include a grassy backyard, welcoming porch, and coin-op laundry in the basement. A 1-bay garage provides storage potential (door needs replacement). All units have been updated under current ownership, and one unit is currently vacant—offering immediate leasing flexibility or an owner-occupancy option. With strong area rents and well-maintained systems, this property delivers stable income, growth potential, and long-term value for any savvy investor

Last Agent to Sell the Property

Lauren Mace

William Neylon Real Est. Listed on: 10/21/2025

Last Buyer's Agent

Logan Lacroix

NextHome Elite Realty

NextHome Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 1914

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • 10 Open Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,058 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Garage Access
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit and schools

Schools

  • Old Mill Pond Elementary School
  • Palmer High Middle School
  • Palmer High/Pathfinder School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Separate Meters
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $4,925
  • Rent includes unit 1(other (see remarks)), unit 2(other (see remarks)), unit 3(other (see remarks)), unit 4(other (see remarks))
  • Assessor Parcel Number M:82 B:96,3149519

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,983

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1914
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Laminate, Tile
  • Interior Amenities: Laundry Room, Bathroom With Tub, Internet Available - Unknown, Living Room, Kitchen
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 9
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Walk-Out Access, Garage Access, Sump Pump, Unfinished
  • Above Grade Finished Sq Ft: 3058
  • Living Area: 3058
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: K01227
  • MAIN SO: AN5708

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 10
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • Hot Water: Electric, Propane Gas, Tank, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
  • Rent Includes: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks)), Unit 4(Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:82 B:96,3149519
  • Zoning: VC4
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6983

Multi Family

  • Net Operating Income: 58200
  • Number Of Units Total: 5
  • Total Actual Rent: 4925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Palmer High/Pathfinder
  • Elementary School: Old Mill Pond
  • Middle Or Junior School: Palmer High
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 Sold $450,000 -14.3% $147 / Sq Ft
11/16/2025 11/16/25 Pending -- -- --
11/08/2025 11/08/25 Price Changed $525,000 -9.3% $172 / Sq Ft
10/21/2025 10/21/25 For Sale $579,000 +119.3% $189 / Sq Ft
05/29/2018 05/29/18 Sold $264,000 -4.0% $86 / Sq Ft View Prior Sale
03/31/2018 03/31/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $275,000 -- $90 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73445192

MLS Property Information Network (MLS PIN)
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