Palmer Hill contract

334 Palmer Hill Road, a 1900 structure with, if desired, an accessory apartment (per zoning, owner must live in one of the two units) has a contract 13 days after opening at $1.095 million. Checking the MLS record, the ground floor unit was rented for $1.995 back in 2019, and the rent has probably increased since. Whether that income will be enough to save this property from a developer is questionable, but from an “affordable” housing perspective, I hope it is.