1537 N Main St, Palmer MA 01069
Palmer, MA 01069
$525,000
Est. $3,208/month
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About this home
*Seller requests highest and best offers by 3:00 PM 6/4/26.Please allow adequate time for review and response.* Well-maintained multi unit property featuring strong income potential and recent major improvements throughout. The first-floor unit offers 4 bedrooms and 1 bathroom and is currently rented on a month-to-month basis. The second floor includes a 2 bedroom, 2 bath unit also rented month-to-month, plus an additional vacant studio-style 1 bedroom unit providing flexibility for owner occupancy or additional rental income opportunities.The property was completely remodeled under current ownership and updates include new windows, doors, siding, roof, insulation and mini-split systems installed in each unit. The property also features separate laundry areas for each unit located in the basement. Conveniently located with easy access to major routes and the Mass Pike. A great opportunity for investors or owner-occupants seeking a property with updated systems and flexible living arr
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Property History
Market Insights
Property Timeline
Status: Active under contract
Jun 4, 2026
Active → Active Under Contract
Pending Sale
Jun 4, 2026
Offer accepted, sale pending
Listed for Sale
May 26, 2026
$525,000
Original listing
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/04/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/04/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/26/2026 | 🏠 Listed for Sale | $525,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,243 | $233,800 |
Financial Details
Annual Property Tax
$4,243
Tax Year 2025
Assessed Value
$233,800
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1920
Living Area
2,617 sq ft
Lot Size
0.14 acres
Stories
4
Bedrooms
7
Full Baths
4
Total Rooms
12
Investment Metrics
Units
3
Unit 1 Rent
$2,000/mo · N
Unit 2 Rent
$1,500/mo · N
Unit 3 Rent
$1,200/mo
Total Monthly Rent
$4,700/mo
Gross Income
$42,000
Net Operating Income
$42,000
Operating Expenses
$7,826
Water/Sewer Expense
$4,097
Electric Expense
$505
Insurance Expense
$2,024
Cap Rate
8.00%
Interior
Heating
Electric, Ductless
Cooling
Ductless
Flooring
Vinyl, Varies, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Fireplaces
1
Basement
Interior Entry, Bulkhead
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Lead Certification Available, Bathroom With Shower Stall, Living Room, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck - Wood
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street, Stone/gravel
Total Spaces
4
Utilities
Electric
100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,243
Assessed Value
$233,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Fireplace Has Not Been Used During Current Ownership; Seller Makes No Representation As To Function. Seller Has Never Occupied Property. Oil Tank/boiler Remain; Property Updated With Electric Heat Via Mini Splits. Listing Agent Related To Seller; Disclosure Attached.
Exclusions
Seller Will Remove Personal Property From Storage Area.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
23 days
Property Overview
Property Type
3 Family
Listing Type
Sale Pending
Year Built
1920
Bedrooms
7
Full Bathrooms
4
Living Area
2,617 sq ft
Total Rooms
12
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,617 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Varies, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Lead Certification Available, Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo
Windows:
Basement:
Interior Entry, Bulkhead
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Stories:
4
Heating, Cooling & Utilities
Heating:
Electric, Ductless
Cooling:
Ductless
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
4
Parking Features:
Off Street, Stone/Gravel
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Public School
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
Elementary Schools
1 school
C-
Old Mill Pond School
1.7 mi
|
#702 of 824
|
Score: 35.5
Dropped 69 spots from last year
-22.7 below state avg
677 students
Moderate
Grades PK-06
High Schools
2 schools
B-
Palmer High School
1.7 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
1.8 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
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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
$354
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
1537 N Main St, Palmer MA 01069
Palmer, MA 01069
Listing Information
Listing Agent
Barbara Rosas
Listing Office
William Raveis R.E. & Home Services
Office Phone
413-565-2111
Agent MLS ID
CN240428
Office MLS ID
M80012
Listing Data Updated
Aug 14, 2026 5:37 PM 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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