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21--23 Luther Street, Chicopee MA 01020

Chicopee, MA 01020
$499,999
Est. $3,074/month
6
Beds
2
Baths
2,184
Sq Ft
$229
Price/Sq Ft
0.23
Acres
1920
Year Built
2
Garage Spaces
24
Days on Market
Active Listed Jun 15, 2026 • MLS# 73536202 Copied! • Updated Jun 21, 2026

About this home

Updated and cash-flowing multi-family property professionally maintained by an experienced owner. This well-cared-for investment features two large porches, beautiful original woodwork and trim, and refreshed hardwood floors that preserve its classic character. Kitchen updates include new cabinetry and granite countertops, while electrical upgrades provide added value and peace of mind. Recent exterior improvements include a new driveway and new garage doors with automatic openers. Enjoy a charming pear tree, flower gardens, and attractive outdoor space. The third floor offers abundant storage and potential for additional living space. A rare opportunity to own a turnkey income-producing property with modern updates, historic charm, and future upside potential. Call today to schedule your private tour.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 15, 2026
$499,999
Original listing
Agent: Mark Rodgers Office: American Made Real Estate Company

Tax History

Year Taxes Assessment
2025 $4,149 $0

Financial Details

Annual Property Tax
$4,149
Tax Year 2025
Assessed Value
$0

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 2,184 sq ft
Lot Size 0.23 acres
Bedrooms 6
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $2,200/mo · Y
Unit 2 Rent $2,250/mo · Y
Total Monthly Rent $4,450/mo
Gross Income $53,400
Net Operating Income $53,400
Cap Rate 10.68%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features None
Total Spaces 8
Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,149
Assessed Value 0.00
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing Other (see Remarks)
Structure Type []
House Color tan
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 6 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Living Area
2,184 sq ft
Total Rooms
10
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $346
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

21--23 Luther Street, Chicopee MA 01020

Chicopee, MA 01020

Listing Information

Listing Agent Mark Rodgers
Listing Office American Made Real Estate Company
Office Phone 413-210-7516
Agent MLS ID CT009052
Office MLS ID AN9578
Listing Data Updated Jun 21, 2026 9:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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