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$474,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 2,616 Sq. Ft.
  • 0.42 Acres
  • 4 Car Garage
  • Updated 5 hours ago
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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 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.

Full Property Details for 1016 Chestnut St

General

  • Price: $474,900
  • Taxes: $5,957 (2025)
  • Status: Active
  • Type: Single Family
  • MLS ID: 73502679
  • Updated: Today (4/16/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: First
  • Bedroom 2: First
  • Bedroom 3: First

Other Rooms

  • Living Room: First
  • Kitchen: First
  • Dining Room: First

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking Features: Detached, Paved Drive, Off Street

Location

  • County: Hampden

Structural Information

  • Architectural Style: Colonial
  • Square Feet: 2,616
  • Year Built: 1904

Lot Features

  • Lot Size (Acres): 0.42

Financial Considerations

  • Tax Amount: $5,957
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 2nd floor month to month. Property is set up as 2 family but it's zoned for single family Neither seller or listing agent/broker make any representations as to the accuracy of any information contained herein. Buyer/Buyer Agent must conduct their own due diligence, verification and research and are
  • Property ID: 3146920

Listed by Executive Real Estate, Inc., Gwendolyn Levine

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Listing agent

— 1016 Chestnut St —

  • Gwendolyn Levine

    Executive Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1016 Chestnut St

School District:Palmer School District
NameGradesDistance
Old Mill Pond
4107 Main Street, Palmer, MA 01069
PK-52.6 mi
Palmer High School
4105 Main Street, Palmer, MA 01069
6-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1016 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2026
Listed
$474,900
472.17%
MLS
7/01/1998
Sold
$83,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1016 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,957
22%
$328,200
26%
2024
$4,871
3%
$260,900
8%
2023
$4,708
1%
$242,200
11%
2022
$4,674
5%
$218,400
11%
2021
$4,451
3%
$196,700
4%
2020
$4,302
3%
$188,700
—
2019
$4,178
3%
$188,700
3%
2018
$4,049
2%
$183,400
—
2017
$3,956
8%
$183,400
7%
2016
$3,661
3%
$172,100
—
2015
$3,550
7%
$172,100
—
2014
$3,332
—
$172,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1016 Chestnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Executive Real Estate, Inc., Gwendolyn Levine

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1016 Chestnut St., Palmer, MA 01069 (MLS# 73502679) is a Single Family property with 5 bedrooms and 2 full bathrooms. 1016 Chestnut St. is currently listed for $474,900 and was received on April 16, 2026. Want to learn more about 1016 Chestnut St.? Do you have questions about finding other Single Family real estate for sale in Palmer? You can browse all Palmer real estate or contact a Coldwell Banker agent to request more information.

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