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Active

1016 Chestnut St.

Palmer, MA 01069

Offered at$449,900

Residential Income · Active · MLS #73509485
Listing Courtesy of Executive Real Estate, Inc. | Gwendolyn Levine

5Bedrooms
2Bathrooms
2,616Square feet
1904Year built

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MLS PIN data

About this home

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 information

Details at a glance

Interior

Rooms
9
Flooring
Wood, Tile

Building

Style
2 Family - 2 Units Up/Down
Year built
1904
Garage
4
Parking
10
Foundation
Concrete Perimeter

Land & utilities

Lot size
0.42 acres
Water
Public
Sewer
Public Sewer
Zoning
tr

Financial

Annual taxes
$5,957
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$486,023

Estimated range $411,388$560,658

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Palmer

MetricThis propertyPalmer
List price$449,900$260,00073% above local
Price / sq ft$172$12538% above local
Days on market57554% above local
Explore homes in Palmer

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 1016 Chestnut St.

Can I schedule a private showing?

Yes. Request a tour of 1016 Chestnut St. and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.