89-95 School St, Chicopee MA 01013

Chicopee, MA 01013
$1,299,000
Est. $7,688/month
24
Beds
11
Baths
10,000
Sq Ft
$130
Price/Sq Ft
0.00
Acres
1935
Year Built
61
Days on Market
Active Listed Oct 7, 2025 • MLS# 73440475 Copied!

About this home

10% Cap Rate! Investment Opportunity! This fully occupied 11-unit mixed-use building offers strong cash flow, long-term stability, and value-add potential! The property features 10 residential units and a ground-level commercial storefront in a prime, high-visibility location. Each unit has separate electric and heating systems, and lead certificates are on file for all residential units. All units are currently rented by long-term tenants, with 9 out of 10 residential units subsidized through Section 8—providing consistent, government-backed rental income. Most tenants are on month-to-month leases, giving a new owner the flexibility to increase rents and boost returns. Professionally managed and well-maintained, this asset is ideal for investors seeking a stabilized building with upside. Whether you're expanding your portfolio or securing your next high-performing asset, this property checks all the boxes!

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1935
Bedrooms
24
Full Bathrooms
11
Living Area
10,000 sq ft
Total Rooms
45
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1935
Living Area 10,000 sq ft
Lot Size 0.0000
Bedrooms 24
Full Baths 11
Total Rooms 45

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Dirt Floor, Concrete
Laundry None
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,039
Assessed Value $10,330,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Dirt Floor, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1935
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Block, Other
Stories: 4

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

89-95 School St, Chicopee MA 01013

Chicopee, MA 01013

Walkability

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Schools

School information not available

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 $920
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

Property Timeline

🏠
Listed for Sale
Oct 7, 2025
$1,299,000
Original listing
Agent: The Madison Team Office: Lock and Key Realty Inc.

Price & Status History

Date Event Price Change
Oct 7, 2025 New Listing Added $1,299,000

Market Statistics

Days on Market
61 days
Price per Sq Ft
$130

Tax History

Year Taxes Assessment
2024 $11,039 $10,330,000

Financial Details

Annual Property Tax
$11,039
Tax Year 2024
Assessed Value
$10,330,000

Listing Information

Listing Agent The Madison Team
Listing Office Lock and Key Realty Inc.
Agent MLS ID TM330144
Office MLS ID AN5521
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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