4014 School St Palmer, MA 01069
Estimated payment $3,355/month
Highlights
- Medical Services
- Property is near public transit
- 1 Fireplace
- Deck
- Wood Flooring
- Porch
About This Home
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
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
- Open Parking
- 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
- Property is near 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
- 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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)
MLS Number: 73445192
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.
- 4188 Main St
- 4329 High St
- 3090 Palmer St
- 3012 Thorndike St
- 4560 High St
- 0 Old Warren Rd
- 3022 Hillside Dr
- 275 State St
- Lot 2 State St
- 2151 Main St
- 22 Pine View
- 2166-2168 Main St
- Lot 87-12 State St
- 3078 Main St Unit B
- 87-12 State St
- 2077 Calkins Rd
- Lots 39-42 Lawrence
- Lot 0 Thorndike and Lawrence St
- 62-91 Lawrence St
- 0 St Unit 73414881