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1016 Chestnut St., Palmer MA 01069

Palmer, MA 01069
$474,900
Est. $3,098/month
5
Beds
2
Baths
2,616
Sq Ft
$182
Price/Sq Ft
0.42
Acres
1904
Year Built
Single Family Residence
Type
4 hours 29 minutes
Time on Market
Active Listed Apr 16, 2026 • MLS# 73502679 Copied!

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 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.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1904
Bedrooms
5
Full Bathrooms
2
Living Area
2,616 sq ft
Total Rooms
9

Facts & Features

4 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1904
Living Area 2,616 sq ft
Lot Size 0.42 acres
Bedrooms 5
Full Baths 2
Total Rooms 9

Interior

Heating Forced Air, Oil
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry First Floor
Features None

Exterior

Construction None
Architecture Colonial
Roof None
Features Porch - Enclosed, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed, Deck - Wood

Parking

Garage Spaces 4
Has Garage Yes
Features Detached, Paved Drive, Off Street
Total Spaces 12

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,957
Assessed Value $328,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry: First Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1904
Structure Type:
Exterior Materials:
Roof:
Foundation: Other

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Deck - Wood
Patio & Porch: Porch - Enclosed, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 4
Total Parking Spaces: 12
Parking Features: Detached, Paved Drive, Off Street

Location

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Neighborhood

1016 Chestnut St., Palmer MA 01069

Palmer, MA 01069

Walkability

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Nearby Schools

School District
Palmer School District local
C-
⚠ School Safety 2024-25
6.6% Above Average
5.7% Suspensions 0.5% In-School 0.9% Emergency
↑ 1.1% above state avg
E

Elementary Schools

1 school
C-
Old Mill Pond School
2.6 mi | #702 of 824 | Score: 35.5
Dropped 69 spots from last year
-22.7 below state avg
677 students Moderate
Grades PK-06
H

High Schools

2 schools
B-
Palmer High School
2.5 mi | #200 of 346 | Score: 51.4
Improved 97 spots from last year
-6.8 below state avg
416 students Moderate
15 sports • 550 athletes
Rising School College Ready Curriculum Strong Athletics
Grades 07-12
C
Pathfinder Regional Vocational-Technical High School
2.8 mi | #265 of 346 | Score: 45.0
Dropped 41 spots from last year
-13.3 below state avg
660 students Less Diverse
15 sports • 496 athletes
Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $496
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 16, 2026
$474,900
Original listing
Agent: Gwendolyn Levine Office: Executive Real Estate, Inc.

Price & Status History

Date Event Price Change
Apr 16, 2026 New Listing Added $474,900 —

Market Statistics

Time on Market
4 hours 29 minutes
Price per Sq Ft
$182

Tax History

Year Taxes Assessment
2025 $5,957 $328,200

Financial Details

Annual Property Tax
$5,957
Tax Year 2025
Assessed Value
$328,200

Listing Information

Listing Agent Gwendolyn Levine
Listing Office Executive Real Estate, Inc.
Agent MLS ID M9502241
Office MLS ID AC1693
Listing Data Updated Apr 16, 2026 8:03 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Palmer, MA

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