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    3121-3123 Main St Palmer, MA 01069

    For Sale
    $323,000

    Two-family property with rental income potential and flexible living arrangements.

    Lot size:
    0.27 Acres

    Property Features for 3121-3123 Main St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1880

    Source: Cuoco & Co. Real Estate Agent Team Cuoco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Two-Family in Palmer

    This well-maintained two-family property in Palmer presents an excellent opportunity for investors or multigenerational living. It offers great rental income potential with flexible living arrangements to suit a variety of needs, making it suitable for offsetting a mortgage with rental income, creating an in-law setup, or accommodating extended family. The property is conveniently located in the heart of town. An enclosed porch with separate entrances leads to units featuring formal living and dining rooms, bay windows, gleaming hardwoods, and woodwork with crown molding. Each unit offers 3 bedrooms, and the main bedroom includes a walk-in closet. There is a long-term tenant of 27 years. The unused attic offers expansion potential with space for 3 additional rooms. Updates include: Lower Roof and Gutters (2019), Upper Roof (2020), #3121 Bathroom Reno (2017), #3123 Shower and Toilet (2017) & Storm Door 2019.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility Bar & Pub Electrical Service Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.34404
    Latitude
    42.21629

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    FAQs

    What type of property is this?
    Duplex - Two-family property with rental income potential and flexible living arrangements.
    Where is this duplex located?
    The property is located at 3121-3123 Main St Palmer, MA.
    What is the asking price?
    The asking price for this property is $323,000.
    What are key features of this property?
    This property features: - Two-family home with rental income potential or multigenerational living; - Located in the heart of town; - Each unit features **3 spacious bedrooms, formal living & dining rooms, bay windows, gleaming hardwoods, and stunning woodwork w/ crown molding**
    (413) 333-7776
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    3121-3123 Main St Palmer, MA 01069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3121-3123 Main St Palmer, MA 01069
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