Active
21 Days on market
1036 Chicopee St Chicopee — Photo 1 of 31

1036 Chicopee St Chicopee — Photo 1 of 31

$589,900

Investment Analysis — 1036 Chicopee St

Chicopee, MA 01013

Based on rent reported on the MLS listing, an estimated 2-unit multi-family in 01013 carries $3,050/mo in gross rent — about a 3.99% cap rate and $23,517/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

3,960

Style

Multi Family

Built

1956

Explore the potential of this newly renovated mixed use building with two side by side residential units on the second floor (both two bedrooms) and 1,450 SF commercial space on the first floor. Located in Chicopee's bustling center. This property offers a prime location. For residents it is conveniently located near grocery stores, resturants, gas statons, highway and more, and for the commercial space it is positioned for high foot traffic for easy customer access & strong visibility. The spacious and open commericial space has the potential for accomidating various business needs, from retail setups to wellness studios. There is also ample storage space in the basement. The flexible open layout allows for seamless customization, catering to different business models or creative setups. Equipped w/ two bathrms & comprehensive insulation for comfort & practicality. Potential uses include: retail store for a diverse array of merchandise, collaborative co-working space to meet the demands of modern professionals, showcase venue for local artists or galleries, or a fitness studio, such as yoga or dance. Both apartments are currently rented (leases ending 12/16/26 and 5/31/27) and outside six garages all rented as well. An IMMEDIATE revenue stream. This property presents a SOLID opportunity in a prime location, offering adaptability to a variety of concepts.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$589,900
Annual Taxes$4,299.37

Parking

Garage6
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
Zoning113

Property & Lot

Acres0.22
SqFt Lot9,625
Lot FeaturesCorner Lot, Level

Geography

Property History

Listed
$589,900

Aug 23, 2026

MLS® 73567090

Listed
$589,900

Aug 10, 2026

MLS® 73561591

Listed
$2,200

May 26, 2026

MLS® 73524086

Expired
$279,900

Jun 30, 2011

MLS® 70928282

Listed
$279,900

Jun 1, 2009

MLS® 70928282

Listing Provided By

Listing Agent: Liane Sikes

Listing Office: Lock and Key Realty Inc.

MLS® Number: 73567090