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$525,000
Total Beds: 7 Total Baths: 4
Total Units: 3 SQFT: 2617
LOT size: 0.14 Acres
1537 N Main St
Palmer, MA 01069
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Property Description

Well-maintained multi unit property featuring strong income potential and recent major improvements throughout. The first-floor unit offers 4 bedrooms and 1 bathroom and is currently rented on a month-to-month basis. The second floor includes a 2 bedroom, 2 bath unit also rented month-to-month, plus an additional vacant studio-style 1 bedroom unit providing flexibility for owner occupancy or additional rental income opportunities.The property was completely remodeled under current ownership and updates include new windows, doors, siding, roof, insulation and mini-split systems installed in each unit. The property also features separate laundry areas for each unit located in the basement. Conveniently located with easy access to major routes and the Mass Pike. A great opportunity for investors or owner-occupants seeking a property with updated systems and flexible living arrangements.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Total Fireplaces: 1
  • Amenities: Public School, Public Transportation, Shopping
  • Basement Features: Bulkhead, Interior Access
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Lead Certification Available
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Tax Return
  • Gross Operating Income: 42000
  • Gross Expenses: 7826
  • Electric Expenses: 505
  • Water/Sewer: 4097
  • INSC: 2024
  • RFS: 1200
  • Net Operating Income: 42000

Utilities

  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73519852
  • Last Updated: 05/26/26

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Map

Seller's Representative: Barbara Rosas, William Raveis R.E. & Home Services
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 2026-05-26 03:05:00