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88 Prospect St, Chicopee MA 01013

Chicopee, MA 01013
$339,900
Est. $2,271/month
4
Beds
3
Baths
1,877
Sq Ft
$181
Price/Sq Ft
0.16
Acres
1920
Year Built
2
Days on Market
Pending Listed Jan 13, 2026 • MLS# 73467947 Copied!

About this home

This turn-key multifamily property features two fully vacant, updated units—ideal for investors or owner-occupants. The first-floor unit offers a spacious 3-bedroom layout, while the second-floor unit includes a well-appointed 1-bedroom residence. Both units have been tastefully updated with brand-new kitchens and offer bright, open living spaces throughout. Electric heat in both units provides efficient, separate utilities. The property also boasts ample off-street parking, adding convenience for residents and guests. With no immediate work needed, this is a true move-in-ready opportunity with strong rental or owner-occupied potential. A rare chance to own a vacant, updated multifamily with flexibility and income potential.

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
3
Living Area
1,877 sq ft
Total Rooms
9
Stories
2
Levels
2

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 1,877 sq ft
Lot Size 0.16 acres
Bedrooms 4
Full Baths 3
Total Rooms 9

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $4,231
Assessed Value $279,100

Interior Features

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

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
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: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive

Location

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Neighborhood

88 Prospect St, Chicopee MA 01013

Chicopee, MA 01013

Walkability

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Nearby Schools

School District
Chicopee School District local
C-
School Safety 2024-25
4.1% Above Average
4.0% Suspensions 2.4% In-School 0.1% Emergency
1.4% below state avg
E

Elementary Schools

3 schools
F
Morgan Full Service Community School
0.6 mi | #813 of 824 | Score: 25.6
Improved 18 spots from last year
-32.7 below state avg
334 students Less Diverse
Grades PK-05
F
Kelly Elementary School
0.7 mi | #814 of 824 | Score: 25.5
Improved 20 spots from last year
-32.7 below state avg
464 students Less Diverse
Rising School
Grades PK-05
C+
Streiber Memorial School
1.0 mi | #532 of 824 | Score: 43.9
Dropped 131 spots from last year
-14.3 below state avg
229 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
C
Bellamy Middle School
0.5 mi | #256 of 352 | Score: 35.8
Dropped 10 spots from last year
-22.4 below state avg
776 students Diverse
Grades 06-08
Dr. William R. Peck Middle School
1.5 mi
Grades 06-08
H

High Schools

3 schools
LightHouse Holyoke
0.8 mi
Grades 06-12
C
Chicopee Comprehensive High School
1.1 mi | #254 of 346 | Score: 45.9
Dropped 19 spots from last year
-12.3 below state avg
1,192 students Diverse
High Graduation Rate Career Tech Programs
Grades 09-12
D
Holyoke High School
1.4 mi | #317 of 346 | Score: 33.6
Improved 40 spots from last year
-24.6 below state avg
1,569 students Moderate
15 sports • 722 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
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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 $353
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.

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jan 13, 2026
$339,900
Original listing
Agent: The Gerber Group Office: Naples Realty Group
🏠
Listed for Sale
Jan 13, 2026
$339,900
Original listing
Agent: The Gerber Group Office: Naples Realty Group
🏠
Listed for Sale
Jan 13, 2026
$339,900
Original listing
Agent: The Gerber Group Office: Naples Realty Group

Price & Status History

Date Event Price Change
Jan 13, 2026 New Listing Added $339,900
Jan 13, 2026 New Listing Added $339,900
Jan 13, 2026 New Listing Added $339,900

Market Statistics

Days on Market
2 days
Price per Sq Ft
$181

Tax History

Year Taxes Assessment
2025 $4,231 $279,100

Financial Details

Annual Property Tax
$4,231
Tax Year 2025
Assessed Value
$279,100

Listing Information

Listing Agent The Gerber Group
Listing Office Naples Realty Group
Agent MLS ID TM320693
Office MLS ID AN6415
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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Market Analytics for Chicopee, MA

Real-time market trends and pricing data for this area

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