$555,000
About this home
If you or your clients have been searching for a meticulously maintained, turn-key four-unit property, 1039-1041 Central Street is the ideal find for both first-time investors looking to move right into the vacant unit and let the remaining tenants cover the mortgage, and seasoned investors seeking a high-performing asset that is already beating the 1% rule. Featuring three currently occupied units and one intentionally left vacant for immediate move-in readiness, every unit has been recently updated and offers split utilities with electric heat, complemented by a newer roof, updated mechanicals, a hardwired security system, convenient on-site laundry in the basement, and ample off-street parking just minutes from the Mass Pike. As an added bonus for those looking to scale quickly, this property can also be purchased as a portfolio package with an upcoming six-unit building in nearby Monson, MA, making it a rare, high-yield opportunity you won't want to miss. Group showings Fri. PM 10/2 by appt only. Text list agent to schedule.
Property details
- MLS #
- 73583322
- Property type
- 4 Family - 4 Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- September 28, 2026
- Stories
- 4
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 8
- Lot size
- 0.31 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 621
- Student:teacher ratio
- 12.2:1
- District
- Palmer
- Enrollment
- 533
- Student:teacher ratio
- 10.1:1
- District
- Ludlow
- Enrollment
- 565
- Student:teacher ratio
- 9.3:1
- District
- Palmer
Walkability
Blended score for Palmer's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 22 hr ago.
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.