90 Walnut St, Chicopee MA 01020
Chicopee, MA 01020
$369,900
Est. $2,445/month
About this home
Investors Take Notice! It is a pleasure to present this well-maintained 4-unit investment property offering strong upside potential. The property consists of one fully remodeled 1-bedroom unit and three studio apartments. The studio units could benefit from updates, providing an opportunity to increase value over time, while the long-term tenants have expressed interest in remaining in place. The property features ample off-street parking and minimal exterior maintenance. Tenants pay their own electricity and electric baseboard heat, while the owner is responsible for domestic hot water. Additional improvements include a newer driveway (approximately 5 years old), new exterior decks, and a basement that has been professionally reinforced and skim-coated with concrete. Whether you're looking to expand your portfolio or enter the multifamily market, this income producing property offers stable occupancy with future value-add potential!
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Property History
Market Insights
Property Timeline
Status: Active under contract
Jun 22, 2026
Active → Active Under Contract
Pending Sale
Jun 22, 2026
Offer accepted, sale pending
Listed for Sale
Jun 17, 2026
$369,900
Original listing
Agent: Kelley & Katzer Team
Office: Kelley & Katzer Real Estate, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/22/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/22/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/17/2026 | 🏠 Listed for Sale | $369,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,496 | $291,700 |
Financial Details
Annual Property Tax
$4,496
Tax Year 2026
Assessed Value
$291,700
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1885
Living Area
1,900 sq ft
Lot Size
0.12 acres
Bedrooms
1
Full Baths
4
Total Rooms
14
Investment Metrics
Units
4
Unit 1 Rent
$1,200/mo · Y
Unit 2 Rent
$950/mo · Y
Unit 3 Rent
$825/mo · Y
Unit 4 Rent
— · N
Total Monthly Rent
$2,975/mo
Gross Income
$35,700
Net Operating Income
$35,700
Cap Rate
9.65%
Interior
Heating
Electric
Cooling
Window Unit(s)
Flooring
Tile, Carpet, Laminate, Stone/ceramic Tile
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Bulkhead, Unfinished
Laundry
None
Features
Bathroom With Shower Stall, Remodeled, Internet Available - Unknown, Studio, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,496
Assessed Value
$291,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
As Per Owner:owner Pays Hot Water For All Units/gas. Approx 150/m./apt 2r Bathrm Is Secured-located Outside Unit Off Of Common Hallway./apt 1l Has Delead Letter Of Compliance- All Other Units See Lead Discl Form As Unknown/1r Photo Taken Before Tenant Moved In/buyer To Verify Any & All Information
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
GREY
Sq Ft Source
Public Record
Sq Ft Disclosures
Apt 2R bathroom located outside unit off of common hallway.
Documents
None
County
Hampden
Total market time (incl. prior listings)
19 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1885
Bedrooms
1
Full Bathrooms
4
Living Area
1,900 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,900 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Carpet, Laminate, Stone/Ceramic Tile
Appliances:
Range, Refrigerator
Interior Features:
Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Studio, Living Room, Kitchen
Windows:
Basement:
Full, Bulkhead, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1885
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar, Other
Stories:
4
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street
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
Elementary Schools
3 schools
Belcher School
0.6 mi
245 students
Diverse
Diverse Student Body
Grades PK-01
C+
Barry School
0.9 mi
|
#549 of 824
|
Score: 43.0
Improved 146 spots from last year
-15.2 below state avg
359 students
Diverse
Rising School
Grades K-05
St. Stanislaus School
0.9 mi
Grades PK-08
Middle Schools
3 schools
C
Dupont Middle School
0.8 mi
|
#257 of 352
|
Score: 35.8
Dropped 18 spots from last year
-22.4 below state avg
683 students
Diverse
Grades 06-08
C
Van Sickle Prep School
1.6 mi
|
#13 of 16
|
Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students
Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
1.6 mi
|
#10 of 16
|
Score: 28.3
Improved 340 spots from last year
-29.9 below state avg
262 students
Moderate
Rising School
Grades 06-08
High Schools
3 schools
C-
Chicopee High School
0.5 mi
|
#291 of 346
|
Score: 41.3
Improved 42 spots from last year
-16.9 below state avg
918 students
Diverse
17 sports
• 1,102 athletes
Rising School
Strong Athletics
Grades 09-12
C
The Springfield Renaissance School an Expeditionary Learning School
1.6 mi
|
#274 of 346
|
Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students
Diverse
High Graduation Rate
College Ready Curriculum
Grades 06-12
C
Chicopee Comprehensive High School
1.6 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
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$375
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
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
90 Walnut St, Chicopee MA 01020
Chicopee, MA 01020
Listing Information
Listing Agent
Kelley & Katzer Team
Listing Office
Kelley & Katzer Real Estate, LLC
Office Phone
413-209-9933
Agent MLS ID
TM006508
Office MLS ID
AC1608
Listing Data Updated
Jul 7, 2026 3:30 AM 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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