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Four-Unit Residential Income Property

2-8 Maple Ter, Palmer, MA 01080

For Sale
$445,000

Three apartments are occupied month-to-month, and the building has separate utility service and dedicated laundry hookups.

Property Size3,604 SF
Price / SF$123.47
Days on Market9

Property Features for 2-8 Maple Ter

General Information

Standard status Active
Size 3,604 SF
Total Parking Spaces 8
Property subtype Residential Income
Zoning TR
Occupancy 75%
Net Operating Income $30,216

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,801

Amenities

dedicated washer/dry hook-ups

Building Details

Building Size 3,604 SF
Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: All The Marbles Realty, LLC
Listed By: Carrie Saldo · License #9577362
Source: 413realestate
Added: Oct 30 Changed: Nov 7 Last Checked: Nov 7 at 4:38AM

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 All The Marbles Realty, LLC

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Investment Insights

Based on property information with market context.

This four-unit residential property contains 3,604 square feet and dates to 1910. One first-floor, two-bedroom, one-bathroom apartment is vacant, with fresh paint, refinished hardwood flooring, and bathroom updates. The building also has a full basement, dedicated washer and dryer hookups, and separate utility meters, including an owner’s meter. Three units are occupied by month-to-month tenants with consistent payment histories.

The property includes paved off-street parking, repaved in 2025, and recently repaired front stairs. It is located a short distance from Hryniewicz Park & Playground, Laviolette Field, shopping, convenience stores, and restaurants. Route 20 and the Mass Pike are accessible by car, bicycle, or e-bike; the source also notes a planned train service to Boston from downtown Palmer.

Key Highlights

  • Four units; 3,604 square feet; built in 1910
  • Three of four units occupied by month‑to‑month tenants
  • Vacant first‑floor unit offers 2 bedrooms and 1 bathroom, with refinished hardwood floors and bathroom updates

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 01080, MA

2,400
Population
1,097
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
1,412
Density / Sq Mi
$87,188
Median Household Income
$47,616
Median Earnings
$1,115
Median Rent
$254,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Hampden County, MA

$153 Jul
$137 Aug
$115 Sep
$174 Oct

Properties on Market for Quadplexes in Hampden County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments are occupied month-to-month, and the building has separate utility service and dedicated laundry hookups.
Where is this quadplex located?
The property is located at 2-8 Maple Ter Palmer, MA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Four units; 3,604 square feet; built in 1910; Three of four units occupied by month‑to‑month tenants; Vacant first‑floor unit offers 2 bedrooms and 1 bathroom, with refinished hardwood floors and bathroom updates
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