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Four-Unit Townhome-Style Property
For Sale
$499,900
Pending

4018-4024 Church St, Palmer, MA 01069

Four spacious townhouse-style units each offer four bedrooms across three levels of living space.

Property Size4,422 SF
Days on Market130

Property Features for 4018-4024 Church St

General Information

Standard status Pending
Size 4,422 SF
Total Parking Spaces 4
Property subtype Multi-Family
Zoning VC4

Additional Details

Multifamily Units 4

Building Details

Building Size 4,422 SF
Year Built 1889
Year Renovated 2015
Stories 12
Tenancy Multi
Listing Agency: Lock and Key Realty Inc.
Listed By: The Equity Group
Source: Cjbarrett
Added: Apr 29 Changed: Aug 8 Last Checked: Jul 21 at 11:56AM

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 features spacious townhouse-style units, each with four bedrooms and three levels of living space. The offering includes flexibility for an owner-occupant, with one unit currently vacant while the remaining units provide rental income. Recent turnovers include three units turned over within the last three years.

The property has undergone major system improvements, including a full electrical and plumbing remodel completed in 2015. An updated bathroom was completed for Unit 4020 in 2024. The building is described as well-maintained, and it is conveniently located near area amenities and commuter routes.

As presented, the asset combines updated building systems with unit-level turnover to support ongoing rental use across four townhouse-style residences.

Key Highlights

  • 1889‑built four‑family with four townhouse‑style units, each offering 4 bedrooms across 3 levels
  • Three units were turned over within the last three years
  • Unit 4020 bathroom updated in 2024

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Storage Facility Barber Shop Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four spacious townhouse-style units each offer four bedrooms across three levels of living space.
Where is this quadplex located?
The property is located at 4018-4024 Church St Palmer, MA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1889‑built four‑family with four townhouse‑style units, each offering 4 bedrooms across 3 levels; Three units were turned over within the last three years; Unit 4020 bathroom updated in 2024
More about this property
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