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2 Green St, Palmer, MA, 01069

16beds
8baths
5,472sqft
$929,000
$170price/sqft
$7,314/moest. monthly cost
$292,560/yrincome needed

About This Home

Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include ample off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units. All tenants are currently on a month-to-month basis, offering immediate rental upside. Total current gross income is $10,200/month. (For MLS unit detail: Units 6, 7, and 8 each have 4 rooms, 2 bedrooms, 1 bath, stove and refrigerator remain, rent is $1,300/month each.) Add this high-performer to your portfolio today!

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
5/10
Palmer High SchoolGrades 7-121.3 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Appliances

  • Appliances included: Washer,Dryer,Range,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Living Room,Kitchen,Remodeled
  • Door features: Storm Door(s)
  • Flooring: Vinyl
  • Finished area above ground: 5,472

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 5,472
  • Total interior livable area: 5,472 sqft

Property

Details

  • Parcel number: M:60 B:46,3147653
  • Zoning: TR

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8