140-142 Bourne Street, Palmer MA 01080

Palmer, MA 01080
$429,900
Est. $2,905/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
3
Baths
1,614
Sq Ft
$266
Price/Sq Ft
1.23
Acres
1988
Year Built
2
Garage Spaces
2 Family - 2 Units Side by Side
Type
New today
Time on Market
For Sale Listed Oct 15, 2026 • MLS# 73591036 Copied! • Updated Oct 15, 2026

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About this home

Private country living best describes this highly desirable Bourne Street raised ranch style Duplex constructed in 1988! Situated on a huge, flat and partially fenced-in 1.38 acre lot, offering many possibilities to the buyer and offering ideal privacy as it is surrounded by conservation land to the front, rear, and side. Unit 140 is vacant and ready for immediate owner occupancy, complete with laminate flooring and newer appliances (2025- stove, refrigerator, dishwasher, washer, dryer). Both units are identical and feature 2-3 bedrooms with 1.5 baths, living room, eat-in kitchen, private deck and huge oversized (16’ x 26’) garages with remote openers on each side. Unit 142 has a long-term tenant who wishes to remain, and the rent could be significantly higher. Both units offer a finished basement consisting of a den/bedroom w/closet, a half bath/ laundry room and utility/storage room. Don’t miss this opportunity, as a rental gem like this only comes across once in a generation. Property is being sold in AS-IS condition.

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Price & Status History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Oct 15, 2026
New showing requirements
🏠
Listed for Sale
Oct 15, 2026
$429,900
Original listing
Agent: Heather A. Goncalves Office: Grace Group Realty, LLC

Tax History

Year Taxes Assessment
2026 $6,371 $345,500

Financial Details

Annual Property Tax
$6,371
Tax Year 2026
Assessed Value
$345,500

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 1988
Living Area 1,614 sq ft
Lot Size 1.23 acres
Stories 4
Bedrooms 4
Full Baths 2
Half Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $750/mo · N
Total Monthly Rent $750/mo
Gross Income $9,000
Net Operating Income $9,000
Cap Rate 2.09%
Heating Electric
Cooling Window Unit(s)
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Partially Finished, Walk-out Access, Garage Access
Laundry None
Features Ceiling Fan(s), Bathroom With Tub, Living Room, Kitchen, Laundry Room, Office/den
Construction Modular
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 10
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $6,371
Assessed Value $345,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None
Seller Disclosures Property Sold As Is. Closing On Or After January 4, 2027. Unit 142 Shown After Satisfactory Offer Submitted And Coordinated With 48 Hours Notice, Tenant Will Remain On Premises.
Exclusions None
Possession None
Accepted Financing None
Structure Type ["House"]
House Color gray
Sq Ft Source Public Record
Sq Ft Disclosures Additional finished area in basement (ground level) could be additional bedroom.
Documents None
County Hampden

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1988
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
1,614 sq ft
Total Rooms
10
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Bathroom With Tub, Living Room, Kitchen, Laundry Room, Office/Den
Windows:
Basement: Partially Finished, Walk-Out Access, Garage Access
Laundry:
Security:

Construction & Materials

Year Built: 1988
Structure Type: House
Exterior Materials: Modular
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Utilities & Systems

Heating: Electric
Cooling: Window Unit(s)
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing: Fenced
Other Structures: Shed(s)
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street
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
0.7 mi | #701 of 825 | Score: 35.7
Dropped 68 spots from last year
-22.6 below state avg
676 students Moderate
Grades PK-06
H

High Schools

2 schools
B-
Palmer High School
0.7 mi | #182 of 346 | Score: 53.6
Improved 115 spots from last year
-4.6 below state avg
392 students Moderate
15 sports • 550 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 07-12
C
Pathfinder Regional Vocational-Technical High School
0.4 mi | #250 of 346 | Score: 47.1
Dropped 26 spots from last year
-11.1 below state avg
647 students Moderate
15 sports • 496 athletes
Career Tech Programs College Ready Curriculum Strong Athletics Strong Attendance
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $531
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

140-142 Bourne Street, Palmer MA 01080

Palmer, MA 01080

Listing Information

Listing Agent Heather A. Goncalves
Listing Office Grace Group Realty, LLC
Office Phone 413-547-6555
Agent MLS ID M8000815
Office MLS ID M95313
Listing Data Updated Oct 15, 2026 6:01 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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