Single Family Residence at 1016 Chestnut St., Palmer MA 01069, Palmer

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33 photos

$449,900

1016 Chestnut St., Palmer MA 01069

Palmer, MA 01069

Listed by Gwendolyn Levine

Bedrooms

Bathrooms

Living area

2,616 sqft

Year built

1904

About this home

Fantastic opportunity for income producing or multi generational living! This single-family home is currently being utilized as a two-family, offering flexible living arrangements for today’s needs. Live in one unit while generating rental income from the other potentially offsetting your mortgage. The home has been remodeled and features 5 bedrooms (3bedrooms on one level and. 2 on the second) updated kitchens and bathrooms, enclosed porches, lots of wood floors throughout and much more! Also included is a large 40 ft Lx26 ft wide and 12 foot walls workshop-style garage, ideal for a tradesperson working from home or for additional rental income. A versatile property with strong income potential, buyer to perform due diligence regarding use.

Property details

MLS #: 73502679
Property type: Single Family Residence
Subdivision: N/A
Status: Active
Days on market: 134
On market date: April 16, 2026
Stories: N/A
Total bathrooms: 2
Garage spaces: 4
Parking spaces: 12
Lot size: 0.42 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Old Mill Pond

2.54 mi away · Grades -1-5

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 621
Student:teacher ratio: 12.2:1
District: Palmer

Middle

Wilbraham Middle

7.05 mi away · Grades 6-8

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 582
Student:teacher ratio: 12.7:1
District: Hampden-Wilbraham

High

Monson High School

2.48 mi away · Grades 7-12

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 325
Student:teacher ratio: 10.2:1
District: Monson

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Down payment

Interest rate

Loan term

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% / yr

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/mo

Est. monthly payment

$2,859/mo

$89,980 down

$359,920 loan

Principal & interest$2,334

Property tax (est.)$375

Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.