3157-3159 Main Street, Palmer MA 01069
Palmer, MA 01069
$350,000
$349,000
Est. $2,202/month
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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
Market Insights
1
Price Changes
0.3%
Price Range
Property Timeline
Price Reduced
Aug 19, 2026
$349,000
$1,000
(-0.29%)
From $350,000 to $349,000 (-0.3%)
Listed for Sale
Jul 12, 2026
$350,000
Original listing
Agent: Elizabeth Salois Team
Office: Berkshire Hathaway HomeServices Realty Professionals
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/19/2026 | ↓ Price Reduced | $349,000 | $1,000 | - | From $350,000 to $349,000 (-0.3%) |
| 07/12/2026 | 🏠 Listed for Sale | $350,000 | - | - | Original listing |
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
Stories
6
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
3.44%
Interior
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
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
4
Utilities
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Two Bedrooms And One Small Room On The Second Floor With A Third Heated Large Bedroom On The Third Floor.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Green/Whit
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
42 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,772 sq ft above grade
Display Options
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:
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:
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
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
High Schools
2 schools
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
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
Learn about these ratings
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
$237
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
Save $0/mo
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
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
Aug 23, 2026 4:05 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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