About this home
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.
Listing last checked: Listing updated:
Listed by The Merrill Group · Naples Realty Group · MLS #73583322
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Details at a glance
Interior3 property facts
- Rooms
- 16
- Flooring
- Vinyl
- Basement
- Yes · Full, Dirt Floor
Building5 property facts
- Style
- 4 Family - 4 Units Up/Down
- Year built
- 1870
- Parking
- 8
- Foundation
- Stone, Brick/Mortar
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.31 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- TR
Financial2 property facts
- Annual taxes
- $4,908
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $555,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,215 / monthAdjust
- Principal & interest
- $2,806
- Property tax
- $409
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,908. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $556,504
Estimated range $504,165–$608,843.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 1039-1041 Central St
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