Wendy Wolbert
← INNOVATE Real Estate
1016 Chestnut St., Palmer MA 01069
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33 photos

$449,900

1016 Chestnut St., Palmer MA 01069
Palmer, MA 01069
Listed by Gwendolyn Levine
Bedrooms
5
Bathrooms
2
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
127
On market date
April 16, 2026
Stories
N/A
Garage spaces
4
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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/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.