2 Green St, Palmer MA 01069

Palmer, MA 01069

$929,000

Est. $5,984/month

5,472

Sq Ft

$170

Price/Sq Ft

0.26

Acres

1965

Year Built

3

Days on Market

Active Listed Jul 8, 2026 • MLS# 73546954 Copied! • Updated Jul 12, 2026

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About this home

Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units—add this stabilizer to your portfolio today!

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Property History

Property Timeline

🏠

Listed for Sale

Jul 9, 2026

$929,000

Original listing

Agent: Arthur Ferrara Office: Landmark, REALTORS®

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/09/2026	🏠 Listed for Sale	$929,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$13,041	—

Financial Details

Annual Property Tax

$13,041

Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1965

Living Area 5,472 sq ft

Lot Size 0.26 acres

Investment Metrics

Gross Income $123,000

Net Operating Income $84,961

Operating Expenses $38,039

Cap Rate 9.15%

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer

Financial

Annual Tax $13,041

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Unit 1 And The Basement Will Be Shown Prior To Offer. Other Units Shown During Due Diligence. Solar Domestic Hot Water Pre-heat System Is Owned And Will Be Transferred In As-is Condition.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Hampden

Property Overview

Listing Type

Commercial Sale

Year Built

1965

Living Area

5,472 sq ft

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1965

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

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

1.4 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

1.4 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

1.5 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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Location

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Neighborhood

2 Green St, Palmer MA 01069

Palmer, MA 01069

Listing Information

Listing Agent Arthur Ferrara

Listing Office Landmark, REALTORS®

Office Phone 413-596-4500

Agent MLS ID M0000474

Office MLS ID M39600

Listing Data Updated Jul 12, 2026 3:07 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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