Excellent investment or owner-occupant opportunity! This well-kept 5-unit property is ideally situated near local amenities, the MA Pike, and major routes. Each unit offers a mix of wood, carpet, tile, and vinyl flooring, separate gas and electric meters, town water and sewer, and two off-street parking spaces. Unit A features 2 bedrooms, 1.5 baths, and a decorative fireplace. Units B–D each include 2 bedrooms and 1 bath, while Unit E offers 1+ bedroom, 1 bath, a flexible office/den space, a slider, and a built-in AC unit. Shared amenities include a grassy backyard, welcoming porch, and coin-op laundry in the basement. A 1-bay garage provides storage potential (door needs replacement). All units have been updated under current ownership, and one unit is currently vacant—offering immediate leasing flexibility or an owner-occupancy option. With strong area rents and well-maintained systems, this property delivers stable income, growth potential, and long-term value for any savvy investor
- Heating System:
- Natural Gas
- Cooling System:
- No
- Basement:
- Garage Access, Sump Pump, Walk-out Access, Unfinished
- Parking:
- Assigned, Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator, Washer, Dryer
- Construction:
- Frame
- Flooring:
- Tile, Wood, Vinyl, Laminate, Carpet
- Sewer:
- Public Sewer
- Water:
- Individual Meter, Public
- Disclosure:
- Stunning New Renovated 4 Bed, Solar lease shall be assumed
- Electric Feature:
- Individually Metered
- Garage Parking:
- Yes
- Interior Features:
- Internet Available - Unknown, Kitchen, Bathroom With Tub, Living Room, Laundry Room
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(other (see Remarks)), Unit 3(other (see Remarks)), Unit 4(other (see Remarks)), Unit 2(other (see Remarks))
- Area:
- Thorndike
- Grade School:
- Old Mill Pond
- High School:
- Palmer High/Pathfinder
- Middle School:
- Palmer High
- Market Time:
- 26
- Parking Spaces:
- 11
- Tax Year:
- 2024
- Status:
- Closed
- Price Per Sqft:
- $147
- Zoning:
- VC4
- No Units:
- 5
- Orig Price:
- $579,000
- Fireplaces:
- 1
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Palmer
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01079
- Longitude:
- W73° 39' 56.1''
- Latitude:
- N42° 11' 23''
Residential Income
4014 School St, Palmer, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $525,000
- Bedrooms :
- 9
- Rooms :
- 20
- Total Bathrooms :
- 5.5
- Full Bathrooms :
- 5
- Half Bathrooms :
- 1
- Square Footage :
- 3,058 Sqft
- Year Built :
- 1914
- Lot Area :
- 0.44 Acre
- Listing ID :
- 73445192
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com