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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.

More Info

Basic Information

  • Bedrooms5
  • Mls StatusActive
  • Bathroom2
  • Parcel Number 3146920

Basic Information

  • List Price$449,900
  • MLS Number73502679
  • Modification Date06/12/2026
  • Property SubTypeSingle Family Residence

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Other
  • Garage Spaces4
  • Patio And Porch Features Porch - Enclosed, Deck - Wood
  • Property StyleColonial
  • Rooms9
  • Year Built1904
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed04/16/2026
  • Farm Land Area Units Square Feet
  • View Count1

Tax Information

  • Tax Assessed Value $328,200
  • Tax Year 2025
  • Taxes$5,957

Rooms

  • Bathrooms Total Decimal 2
  • Bedroom 2 First
  • Bedroom 3 First
  • Dining Room First
  • Full Bath2
  • Kitchen First
  • Living Room First
  • Master Bedroom First

Property

  • Acreage0.42

Exterior

  • Exterior Features Porch - Enclosed, Deck - Wood

Property Information

  • Square Feet2,616
  • Building Area Source Public Records
  • Living Area 2,616
  • Lot Size Square Feet 18,295
  • Lot Size Units Acres

Parking

  • Parking Spaces12
  • Covered Spaces 4
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Detached, Paved Drive, Off Street

Location

  • Address1016 Chestnut Street
  • Building Number1016
  • CountyHampden
  • StateMA
  • StreetChestnut Street
  • TownPalmer
  • Zip01069

Interior

  • Flooring Wood, Tile

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Oil
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Laundromat, Highway Access, Public School

Map Location

Listed by Gwendolyn Levine of Executive Real Estate,Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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