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$474,900
5 Beds 2 Baths
HOA
N/A
SQFT
2616
1016 Chestnut St.
Palmer, MA 01069
View Map

Property Description

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.

Property Details

Amenities

  • Highway Access
  • Laundromat
  • Medical Facility
  • Public School
  • Public Transportation

Kitchen, Dining, and Appliances

  • Kitchen Level: First Floor
  • Cabinets - Upgraded, Flooring - Stone/Ceramic Tile, Remodeled
  • Dining Room Level: First Floor
  • Dining Room Features: Flooring - Stone/Ceramic Tile

Bathrooms

  • Full Baths: 2

Bedrooms

  • Bedrooms: 5
  • Master Bedroom Level: First Floor
  • Master Bedroom Features: Flooring - Wood
  • Bedroom 2 Level: First Floor
  • Master Bedroom Features: Flooring - Wood
  • Bedroom 3 Level: First Floor
  • Master Bedroom Features: Flooring - Wood

Other Rooms

  • Total Rooms: 9
  • Living Room Level: First Floor
  • Living Room Features: Flooring - Wood

Utilities

  • Heating: Forced Air, Oil
  • Heat Zones: 2
  • Cooling: None
  • Electric Info: Circuit Breakers
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Garage & Parking

  • Garage Parking: Detached
  • Garage Spaces: 4
  • Parking Features: Off-Street
  • Parking Spaces: 12

Interior Features

  • Square Feet: 2616
  • Accessability Features: Unknown

Construction

  • Year Built: 1904
  • Type: Detached
  • Style: Colonial
  • Foundation Info: Other (See Remarks), Poured Concrete
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Lot

  • Exterior Features: Deck - Wood
  • Road Type: Public

Other Information

  • MLS ID# 73502679
  • Last Updated: 04/29/26
  • HOA: No
  • Reqd Own Association: Unknown

Mortgage Calculator

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Map

Seller's Representative: Gwendolyn Levine, Executive Real Estate, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-29 12:58:00