
2 Green St Palmer — Photo 1 of 11
$929,000
Palmer, MA 01069
Beds
16
Baths
8
SqFt
5,472
Style
5-9 Family
Built
1965
Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include ample off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units. All tenants are currently on a month-to-month basis, offering immediate rental upside. Total current gross income is $10,200/month. (For MLS unit detail: Units 6, 7, and 8 each have 4 rooms, 2 bedrooms, 1 bath, stove and refrigerator remain, rent is $1,300/month each.) Add this high-performer to your portfolio today!
* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Palmer, MA.
Washer • Dryer • Range • Microwave • Refrigerator
Shopping • Medical Facility • Highway Access • Public School
Jul 8, 2026
MLS® 73546953
Jul 8, 2026
MLS® 73546954
8,821
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$80K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
25.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Arthur Ferrara
Listing Office: Landmark, REALTORS®
MLS® Number: 73546953
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