FeaturesFlooring - Wood
LevelFirst
1016 Chestnut St., Palmer MA 01069
Palmer, MA 01069
$474,900
$449,900
Est. $2,971/month
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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 40 ft Lx26 ft wide and 12 foot walls 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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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.3%
Price Range
Property Timeline
Price Reduced
Jun 8, 2026
$449,900
$25,000
(-5.26%)
From $474,900 to $449,900 (-5.3%)
Listed for Sale
Apr 16, 2026
$474,900
Original listing
Agent: Gwendolyn Levine
Office: Executive Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/08/2026 | ↓ Price Reduced | $449,900 | $25,000 | - | From $474,900 to $449,900 (-5.3%) |
| 04/16/2026 | 🏠 Listed for Sale | $474,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,957 | $328,200 |
Financial Details
Annual Property Tax
$5,957
Tax Year 2025
Assessed Value
$328,200
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
Wood, Tile
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
2nd Floor Month To Month. Property Is Set Up As 2 Family But Its Zoned For Single Family Neither Seller Or Listing Agent/broker Make Any Representations As To The Accuracy Of Any Information Contained Herein. Buyer/buyer Agent Must Conduct Their Own Due Diligence, Verification And Research And Are
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)
57 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,616 sq ft above grade
FeaturesFlooring - Stone/Ceramic Tile
LevelFirst
FeaturesFlooring - Stone/Ceramic Tile, Cabinets - Upgraded, Remodeled
LevelFirst
FeaturesFlooring - Wood
LevelFirst
FeaturesFlooring - Wood
LevelFirst
FeaturesFlooring - Wood
LevelFirst
FeaturesNo
Display Options
Outdoor Areas
Patio & porchPorch - Enclosed, 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:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
First Floor
Security:
Construction & Materials
Style:
Colonial
Year Built:
1904
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter, 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
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
2 schools
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
Quarry Hill Community School
2.7 mi
120 students
Moderate
Grades PK-K
Middle Schools
1 school
C
Granite Valley School
2.7 mi
|
#643 of 824
|
Score: 38.5
Dropped 181 spots from last year
-19.7 below state avg
400 students
Less Diverse
Grades 01-06
High Schools
3 schools
C
Monson High School
2.5 mi
|
#256 of 346
|
Score: 45.7
Dropped 85 spots from last year
-12.5 below state avg
280 students
Moderate
15 sports
• 520 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 07-12
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
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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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
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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
1016 Chestnut St., Palmer MA 01069
Palmer, MA 01069
Listing Information
Listing Agent
Gwendolyn Levine
Listing Office
Executive Real Estate, Inc.
Office Phone
413-596-2212
Agent MLS ID
M9502241
Office MLS ID
AC1693
Listing Data Updated
Jun 12, 2026 3:05 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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