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Listing broker remarks

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.— Executive Real Estate, Inc.

Key details

  • 2,616 sq ft
  • 18,295 lot sq ft
  • 5 beds
  • 2 baths
  • 1904 built
  • $171 / sq ft
  • $5,957 2025 taxes
MLS #
7⁠3⁠5⁠0⁠2⁠6⁠7⁠9⁠
Last updated
Address
1016 Chestnut St.
Town
Palmer, MA
ZIP
01069
Deed (Bk/Pg)
1345 / 102

Map

Neighborhood: Palmer

National Historic Landmark

Federally designated as nationally significant — the highest U.S. historic recognition. Section 106 review applies to federal undertakings affecting the property.

National Register

Listed on the National Register of Historic Places. Owners may qualify for the 20% federal Historic Rehabilitation Tax Credit on certified rehabilitation work.

State Register

Listed on the Massachusetts State Register of Historic Places.

Local Historic District

Inside a Local Historic District. Exterior changes visible from a public way require approval from the local historic district commission.

Local Landmark

Individually designated by the town as a local landmark. Exterior alterations require commission approval.

MACRIS Inventory

Documented in MACRIS, the state historic inventory. Informational only — no regulatory constraints.

Article 85 (Boston)

Subject to Boston Article 85 demolition-delay review, which can pause demolition of buildings 50+ years old for up to 90 days.