Apartment Building

Palmer, MA Apartment Buildings for Sale

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12-Unit Garden-Style Apartment Complex
Updated: Oct 27
12-Unit Garden-Style Apartment Complex

1282-1290 South Main Street, Palmer, MA 01069

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16,631 sqft 1.01 AC lot
12 apartments with 42 bedrooms: eight four‑bedroom, two three‑bedroom, and two two‑bedroom units
Three two‑story wood‑frame buildings with 16,631 square feet of gross building area
Property occupies 1.01 acres in Palmer, Massachusetts
All 12 units are occupied; tenants cover heat, hot water, and other utilities
Less than two miles from I‑90 Exit 63, near Routes 20, 32, and 181
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Apartment Building for sale in Palmer, MA. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

6-Unit Apartment Building
6-Unit Apartment Building

399-401 Main Street, Springfield, MA 01151

$649,000
6,006 sqft

Each apartment has separate utilities, and all six units have been de-leaded.

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Six-Unit Apartment Building
Six-Unit Apartment Building

541-543 Front Street, Chicopee, MA 01013

$720,000
4,227 sqft 0.11 AC lot

Three-story multifamily property with basement laundry facilities and dedicated off-street parking.

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Historic Chicopee Mixed-Use Development Opportunity
Historic Chicopee Mixed-Use Development Opportunity

35 Grape Street, Chicopee, MA 01013

Contact for pricing
100,000 sqft 2.00 AC lot

2+ acre site zoned commercial and industrial with development potential.

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Springfield Portfolio: 127 Units
Springfield Portfolio: 127 Units

64 Myrtle Street, Springfield, MA 01105

$11,900,000

Three stabilized, cash-flowing properties in Springfield's rental market.

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Off-Market Properties in Palmer, MA

Consider similar Off-Market properties in Palmer, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4023 Main St
Multifamily properties

4023 Main St, Palmer, MA 01069

Estimated value: by Request
20,000 sqft 0.84 AC lot
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Palmer, MA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Palmer, MA on our real estate platform. These investment opportunities span a total of 16,631 square feet of properties for sale.

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Demographics Overview

Population 9,077
Population Growth (5Y) +4.4%
Median Household Income $79,725
College Educated 34.9%

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $38.18 per SF
Tax Rate vs County Average 1.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

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