1016 Chestnut St. Palmer MA 01069 MLS #73502679

There are multiple listings for this address:
1016 Chestnut St.
Palmer, MA, 01069
$449,900
5 Beds
2 Baths
2,616 SqFt
0.42 Acres
$449,900
1016 Chestnut St.
Palmer, MA, 01069
MLS #73502679 image #0
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:
$449,900
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

Net Operating Income
$19,200
Tax Year
2025
Taxes
$5,957
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Ask a Question
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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 Marie

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Map

Current real estate data for Single Family in Palmer as of Jul 18, 2026
36
Single Family Listed
63
Avg DOM
226
Avg $ / SqFt
$417,447
Avg List Price

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Property Summary

    1016 Chestnut St. Palmer MA is a Single Family for sale in Palmer, MA, 01069. It is listed for $449,900 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 $172. The average price per square foot for Single Family listings in Palmer is $226. The average listing price for Single Family in Palmer is $417,447. To schedule a showing of MLS#73502679 at 1016 Chestnut St. in Palmer, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
1016 Chestnut St.
Palmer, MA
1016 Chestnut St.
Palmer, MA, 01069
$449,900
5 Beds
2 Baths
2,616 SqFt
0.42 Acres
$449,900
1016 Chestnut St.
Palmer, MA, 01069
MLS #73509485 image #0
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:
$449,900
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

Net Operating Income
$19,200
Tax Year
2025
Taxes
$5,957
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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 Marie

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Palmer as of Jul 18, 2026
36
Multi Family Listed
63
Avg DOM
226
Avg $ / SqFt
$417,447
Avg List Price

Community

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Property Summary

    1016 Chestnut St. Palmer MA is a Multi Family for sale in Palmer, MA, 01069. It is listed for $449,900 To schedule a showing of MLS#73509485 at 1016 Chestnut St. in Palmer, MA, contact your Pegasus Realty LLC agent at 781-858-3505.