583 Chicopee St, Chicopee MA 01013

Chicopee, MA 01013
$599,900
$524,900
Est. $3,354/month
7
Beds
4
Baths
3,126
Sq Ft
$168
Price/Sq Ft
0.17
Acres
1920
Year Built
2
Garage Spaces
39
Days on Market
For Sale Price Drop -$75,000 Listed Jul 15, 2026 • MLS# 73550019 Copied! • Updated Aug 23, 2026

Track this home for price, status, and open-house alerts.

About this home

This well-maintained four-family property is an exceptional addition to any investment portfolio or the perfect opportunity for an owner-occupant. Featuring four income-producing units, with the highly desirable second-floor unit to be delivered vacant at closing, this property offers immediate flexibility to set your own market rent or move in while generating income from the remaining units. Conveniently located near shopping, restaurants, parks, major highways, and public transportation, tenants will appreciate the property’s central location. Whether you’re looking to expand your portfolio or secure a multi-family with strong income potential, this is an opportunity you won’t want to miss.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2
Price Changes
12.5%
Price Range

Property Timeline

Price Reduced
Aug 20, 2026
$524,900 $25,000 (-4.55%)
From $549,900 to $524,900 (-4.5%)
Price Reduced
Jul 28, 2026
$549,900 $50,000 (-8.33%)
From $599,900 to $549,900 (-8.3%)
🏠
Listed for Sale
Jul 15, 2026
$599,900
Original listing
Agent: The Gerber Group Office: Naples Realty Group

Tax History

Year Taxes Assessment
2026 $6,003 $393,900

Financial Details

Annual Property Tax
$6,003
Tax Year 2026
Assessed Value
$393,900

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1920
Living Area 3,126 sq ft
Lot Size 0.17 acres
Stories 3
Bedrooms 7
Full Baths 4
Total Rooms 16

Investment Metrics

Units 4
Unit 1 Rent $1,300/mo · Y
Unit 2 Rent $1,600/mo · N
Unit 3 Rent $1,275/mo · Y
Unit 4 Rent $840/mo · Y
Total Monthly Rent $5,015/mo
Gross Income $60,180
Net Operating Income $60,180
Cap Rate 11.47%
Heating Natural Gas, Electric
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen
Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 8
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,003
Assessed Value $393,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures 2nd Floor Unit To Be Delivered Vacant.units Are 1f, 1r, 2 And 3. Buyer To Verify All Info. No Showings Until The Open House. Transferable Special Permit On File Permitting Legal 4 Unit Dwelling.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 39 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
7
Full Bathrooms
4
Living Area
3,126 sq ft
Total Rooms
16
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas, Electric
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

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 $500
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

Loading map...

Neighborhood

583 Chicopee St, Chicopee MA 01013

Chicopee, MA 01013

Listing Information

Listing Agent The Gerber Group
Listing Office Naples Realty Group
Office Phone 413-650-1314
Agent MLS ID TM320693
Office MLS ID AN6415
Listing Data Updated Aug 23, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Chicopee, MA

Real-time market trends and pricing data for this area

Loading market insights for Chicopee.