$445,000 · For sale

Well kept four-family near charming downtown Three Rivers. Conservative annual gross revenue estimate $63,000 when fully occupied! Separated utilities, dedicated washer/dry hook-ups, off-street paved parking, and owner's meter. This property awaits either an owner-occupant seeking to offset expenses with rental income or investors ready to add a presently cash flowing property to their portfolio. Unit 2 -- currently vacant 2-bd, 1-bth -- is freshly painted, has recently refinished hardwood floor, and a bathroom with several updates. Three of four units are occupied by month-to-month tenants with consistent payment histories. Beyond the primary living spaces, the property includes a full basement area offering additional potential for storage or utility needs. Parking lot repaved in 2025. All front stairs were recently repaired. Within a short distance to Hryniewicz Park & Playground, Laviolette Field, shopping, convenience stores and restaurants! Easy access by car/bike/e-bike to Route 20 and the Mass Pike as well as the planned train to Boston from downtown Palmer.
2-8 Maple Ter is a multi-family home for sale in Palmer, MA 01080 with 3,604 square feet, asking $445,000. It was built in 1910. It has been on our site since October 28, 2026.
At $123 a square foot, it compares with a median of $192 among the 5 other multi-family homes for sale in Palmer with a stated size.
The whole property at this address is assessed at $314,600 for fiscal year 2026. It last sold for $258,000 in November 2021. The assessor lists a lot of 0.30 acres.
It scores 55 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Holyoke (Amtrak Valley Flyer and Vermonter), about 12.2 miles away. The closest bus stop is Three Rivers (PVTA route PS), about 0.1 miles away.
The closest public schools by level are Old Mill Pond (1.4 miles), Paul R Baird Middle (4.7 miles) and Pathfinder Vocational Technical (1.0 mile). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73596139, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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