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$555,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • 0.31 Acres
  • Updated 1 day ago
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If you or your clients have been searching for a meticulously maintained, turn-key four-unit property, 1039-1041 Central Street is the ideal find for both first-time investors looking to move right into the vacant unit and let the remaining tenants cover the mortgage, and seasoned investors seeking a high-performing asset that is already beating the 1% rule. Featuring three currently occupied units and one intentionally left vacant for immediate move-in readiness, every unit has been recently updated and offers split utilities with electric heat, complemented by a newer roof, updated mechanicals, a hardwired security system, convenient on-site laundry in the basement, and ample off-street parking just minutes from the Mass Pike. As an added bonus for those looking to scale quickly, this property can also be purchased as a portfolio package with an upcoming six-unit building in nearby Monson, MA, making it a rare, high-yield opportunity you won't want to miss. Group showings Fri. PM 10/2 by appt only. Text list agent to schedule.

Full Property Details for 1039-1041 Central St

General

  • Price: $555,000
  • Taxes: $4,908 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73583322
  • Updated: 9/29/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: Paved Drive, Off Street

Location

  • County: Hampden

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 2,328
  • Year Built: 1870

Lot Features

  • Lot Size (Acres): 0.31

Financial Considerations

  • Tax Amount: $4,908
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to exercise due diligence and independently verify all property information, including but not limited to square footage, room count, lot dimensions, boundary lines, tax amounts, zoning, permitted uses, and utilities. Seller and
  • Property ID: M:0058 B:0181 L:0000, 3147503

Listed by Naples Realty Group, The Merrill Group

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Listing agent

— 1039-1041 Central St —

  • The Merrill Group

    Naples Realty Group

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 1039-1041 Central St

School District:Palmer School District
NameGradesDistance
Old Mill Pond
4107 Main Street, Palmer, MA 01069
PK-52.1 mi
Palmer High School
4105 Main Street, Palmer, MA 01069
6-122 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 1039-1041 Central St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Listed
$555,000
122%
MLS
2/28/2022
Sold
$250,000
—
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 1039-1041 Central St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,666
7%
$257,100
10%
2024
$4,371
3%
$234,100
8%
2023
$4,226
2%
$217,400
13%
2022
$4,134
7%
$193,200
13%
2021
$3,870
4%
$171,000
4%
2020
$3,739
3%
$164,000
—
2019
$3,631
3%
$164,000
3%
2018
$3,517
2%
$159,300
—
2017
$3,436
1%
$159,300
-1%
2016
$3,412
3%
$160,400
—
2015
$3,309
7%
$160,400
—
2014
$3,105
—
$160,400
—
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 1039-1041 Central 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 Naples Realty Group, The Merrill Group

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1039-1041 Central St, Palmer, MA 01069 (MLS# 73583322) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 1039-1041 Central St is currently listed for $555,000 and was received on September 28, 2026. Want to learn more about 1039-1041 Central St? Do you have questions about finding other Multi-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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