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3157-3159 Main Street, Palmer MA 01069

Palmer, MA 01069
$350,000
Est. $2,207/month
5
Beds
2
Baths
3,772
Sq Ft
$93
Price/Sq Ft
0.08
Acres
1880
Year Built
4
Parking
11 hours 22 minutes
Time on Market
Active Listed Jul 12, 2026 • MLS# 73548479 Copied! • Updated Jul 12, 2026

About this home

Great opportunity to own a spacious multifamily property featuring two generously sized units, each offering three bedrooms plus a versatile flex room with potential for a walk-in closet, home office, or additional storage. Both units feature a first-floor bathroom and convenient pantry space. One unit will be delivered vacant offering an excellent option for an owner-occupant or a new tenant. With flexible living spaces and strong investment potential, this property is a great addition to an investment portfolio or an opportunity to make homeownership more affordable with rental income. Major updates between 2016-2019 including, brand new roof, all new electrical wiring throughout including new service, new plumbing, duct work, high efficiency furnaces and water heaters. Unit 3159 has newer windows, flooring and updated kitchen. With all the major things taken care of, this multifamily is a home run.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 12, 2026
$350,000
Original listing
Agent: Elizabeth Salois Team Office: Berkshire Hathaway HomeServices Realty Professionals

Tax History

Year Taxes Assessment
2025 $2,847 $149,900

Financial Details

Annual Property Tax
$2,847
Tax Year 2025
Assessed Value
$149,900

Facts & Features

Home Facts

Type Residential Income
Style Duplex
Year Built 1880
Living Area 3,772 sq ft
Lot Size 0.08 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $1,000/mo · N
Unit 2 Rent — · N
Total Monthly Rent $1,000/mo
Gross Income $12,000
Net Operating Income $12,000
Cap Rate 3.43%
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry None
Features Walk-up Attic, Heated Attic, Bathroom With Tub & Shower, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,847
Assessed Value $149,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Two Bedrooms And One Small Room On The Second Floor With A Third Heated Large Bedroom On The Third Floor.
Possession None
Accepted Financing None
Structure Type []
House Color Green/Whit
Sq Ft Source Public Record
Documents None
County Hampden

Property Overview

Property Type
Duplex
Listing Type
For Sale
Year Built
1880
Bedrooms
5
Full Bathrooms
2
Living Area
3,772 sq ft
Total Rooms
12
Stories
6
Levels
6

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: Range, Refrigerator
Interior Features: Walk-Up Attic, Heated Attic, Bathroom With Tub & Shower, Living Room, Kitchen
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features:
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

3 schools
C-
Old Mill Pond School
2.2 mi | #702 of 824 | Score: 35.5
Dropped 69 spots from last year
-22.7 below state avg
677 students Moderate
Grades PK-06
Cold Spring School
4.8 mi
188 students Moderate
Grades PK-K
B-
Stanley M Koziol Elementary School
4.9 mi | #475 of 824 | Score: 45.4
Improved 108 spots from last year
-12.8 below state avg
396 students Moderate
Rising School
Grades PK-03
M

Middle Schools

2 schools
B-
Jabish Middle School
4.5 mi | #211 of 352 | Score: 39.9
Dropped 93 spots from last year
-18.3 below state avg
343 students Less Diverse
Grades 07-08
C-
Ware Middle School
4.7 mi | #742 of 824 | Score: 33.1
Dropped 79 spots from last year
-25.1 below state avg
261 students Moderate
Grades 04-06
H

High Schools

3 schools
C
Pathfinder Regional Vocational-Technical High School
2.1 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
B-
Palmer High School
2.2 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
A
Belchertown High School
4.8 mi | #68 of 346 | Score: 64.7
Improved 38 spots from last year
+6.5 above state avg
573 students Less Diverse
19 sports • 1,136 athletes
Strong AP Program Rising School Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $237
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

3157-3159 Main Street, Palmer MA 01069

Palmer, MA 01069

Listing Information

Listing Agent Elizabeth Salois Team
Listing Office Berkshire Hathaway HomeServices Realty Professionals
Office Phone 413-596-6711
Agent MLS ID TM352716
Office MLS ID AN7274
Listing Data Updated Jul 12, 2026 2:21 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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