There are multiple listings for this address:
$474,900
1016 Chestnut St.
Palmer, MA, 01550
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
Price:
$474,900
MLS #:
73502679
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Apr 16, 2026
Finished Sq Ft:
2,616
Total Sq Ft:
2,616
Lot Size:
18,295 sqft / 0.42 acres (approx)
Year Built:
1904
Schools
Interior
Above Grade Finished Area
2616
Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile
Interior Features
Living Room, Kitchen, Laundry Room
Levels
2
Exterior
Covered Spaces
4
Garage Spaces
4
Lot Features
Level
Open Parking Spaces
6
Parking Features
Off Street
Parking Spots
10
Parking Total
10
Patio And Porch Features
Deck
Stories
2
Financial
Tax Year
2025
Taxes
$5,957
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Single Family in Palmer as of May 05, 2026
28
Single Family Listed
60
Avg DOM
230
Avg $ / SqFt
$392,299
Avg List Price
Community
- Address1016 Chestnut St. Palmer MA
- CityPalmer
- CountyHampden
- Zip Code01550
Subdivisions in Palmer
Similar Listings Nearby
Property Summary
- 1016 Chestnut St. Palmer MA is a Single Family for sale in Palmer, MA, 01550. It is listed for $474,900 and features 5 beds, 2 baths, and has approximately 2,616 square feet of living space, and was originally constructed in 1904. The current price per square foot is $182. The average price per square foot for Single Family listings in Palmer is $230. The average listing price for Single Family in Palmer is $392,299. To schedule a showing of MLS#73502679 at 1016 Chestnut St. in Palmer, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Executive Real Estate, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1016 Chestnut St.
Palmer, MA
$474,900
1016 Chestnut St.
Palmer, MA, 01550
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
Price:
$474,900
MLS #:
73509485
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Apr 16, 2026
Finished Sq Ft:
2,616
Total Sq Ft:
2,616
Lot Size:
18,295 sqft / 0.42 acres (approx)
Year Built:
1904
Units:
2
Schools
Interior
Above Grade Finished Area
2616
Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile
Interior Features
Living Room, Kitchen, Laundry Room
Levels
2
Exterior
Covered Spaces
4
Garage Spaces
4
Lot Features
Level
Open Parking Spaces
6
Parking Features
Off Street
Parking Spots
10
Parking Total
10
Patio And Porch Features
Deck
Stories
2
Financial
Tax Year
2025
Taxes
$5,957
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Palmer as of May 05, 2026
28
Multi Family Listed
60
Avg DOM
230
Avg $ / SqFt
$392,299
Avg List Price
Community
- Address1016 Chestnut St. Palmer MA
- CityPalmer
- CountyHampden
- Zip Code01550
Subdivisions in Palmer
Similar Listings Nearby
Property Summary
- 1016 Chestnut St. Palmer MA is a Multi Family for sale in Palmer, MA, 01550. It is listed for $474,900 To schedule a showing of MLS#73509485 at 1016 Chestnut St. in Palmer, MA, contact your Pegasus Realty LLC agent at 781-858-3505.