2 Green St, Palmer, MA 01069
Hampden County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1965
Stories
5
Living Area
5,472 sq ft
Lot Size
0.26 acres
Parking Spaces
8
Zoning
TR
Days on Market
4
MLS® Listing#
73546953
Property Features
Appliances
Heating
Flooring
Parking
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$13,041
Tax year 2025
Assessed Value
$681,300
Parcel Number
M:60 B:46,3147653
Directions
Off North Main Street
Affordability Calculator
$185,800
Estimated monthly payment
$4,945/mo
Principal $743,200 · Est. interest $1,036,830 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Palmer, MA
- $400,000
- Median Listing Price
- 20
- Median Days on Market
- 2,054
- Median Sq Ft
- $203
- Median Price / Sq Ft
- 30
- Active Listings
- This home’s price is 132% above the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Palmer, MA.
Location
Points of Interest in Palmer, MA
Showing the Palmer area map.
Nearby Schools
Palmer Public School Special Education
School · 1.0 mi away
Old Mill Pond
Elementary · 1.4 mi away
Palmer High School
Secondary · 1.5 mi away
Pathfinder Regional Vocational Technical High School
Secondary · 1.5 mi away
Monson High School
Secondary · 3.6 mi away
Monson Public Schools
Elementary · 3.7 mi away
Granite Valley Middle School
Elementary · 3.9 mi away
Monarch School of Cosmetology
Secondary · 4.5 mi away
Memorial Elementary School
Elementary · 4.8 mi away
Wma Middle School
Elementary · 5.4 mi away
Baird Middle School
Elementary · 5.9 mi away
Mile Tree Elementary School
Elementary · 6.1 mi away
Wilbraham Middle School
Secondary · 6.2 mi away
Ludlow Senior High School
Secondary · 6.2 mi away
East Street Elementary School
Elementary · 6.3 mi away
Minnechaug Regional High School
Secondary · 6.3 mi away
Stony Hill School
Elementary · 6.4 mi away
Ludlow Portuguese School
School · 6.4 mi away
Warren Community Elementary School
Elementary · 6.5 mi away
St John the Baptist School
School · 6.8 mi away
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EXIT Agents in Palmer
Listing Courtesy: Landmark, REALTORS® - 4135964500
Presented by: Arthur Ferrara