Fully Occupied Four-Unit
For Sale
$399,999
Pending
1061-1063 Pleasant St, Palmer, MA 01069
Income-producing multifamily property with a three-bedroom-count-to-two-bedroom-count unit mix and current full occupancy.
Property Size3,236 SF
Days on Market58
Property Features for 1061-1063 Pleasant St
General Information
Standard status
Pending
Size
3,236 SF
Property subtype
4 Family - 4 Units Up/Down
Occupancy
100%
Units
Unit Mix
3 x 1BR, 1 x 2BR
Multifamily Units
4
Additional Details
Gross Income
$50,400
Building Details
Year Built
1875
Listing Agency:
Lock and Key Realty Inc.
(413) 386-3558
Listed By:
Andrew Rodman
(413) 386-3558
Source:
Lockandkeyre
Added: Jul 6
Changed: Aug 31
Last Checked: Sep 1 at 4:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lock and Key Realty Inc.
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1875 and is fully occupied. The configuration includes three one-bedroom apartments and one two-bedroom apartment, creating a compact residential income property with varied unit sizes. Current gross rental income is $4,200 per month.
The property is located on Pleasant Street in Palmer, Massachusetts, with access to local amenities, shopping, restaurants, schools, and major routes. Its established construction, occupied units, and defined apartment mix provide a straightforward multifamily configuration for continued rental operations.
The property is located on Pleasant Street in Palmer, Massachusetts, with access to local amenities, shopping, restaurants, schools, and major routes. Its established construction, occupied units, and defined apartment mix provide a straightforward multifamily configuration for continued rental operations.
Key Highlights
- Four‑unit multifamily property with full occupancy
- Unit mix includes three 1‑bedroom apartments and one 2‑bedroom apartment
- 3,236 square feet of property size
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 01069, MA
8,428
Population
4,192
Households
2
Avg Household Size
47
Median Age
25%
College-Educated
86%
High-School Grad
28.1 sq mi
ZIP Area
300
Density / Sq Mi
$79,725
Median Household Income
$50,341
Median Earnings
$929
Median Rent
$251,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing multifamily property with a three-bedroom-count-to-two-bedroom-count unit mix and current full occupancy.
Where is this quadplex located?
The property is located at 1061-1063 Pleasant St Palmer, MA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Four‑unit multifamily property with full occupancy; Unit mix includes three 1‑bedroom apartments and one 2‑bedroom apartment; 3,236 square feet of property size
