155-157 E Main St Chicopee — Photo 1 of 6
$745,000
Investment Analysis — 155-157 E Main St
Chicopee, MA 01020
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01020 carries an estimated $1,220/mo in gross rent — about a 0.73% cap rate and $5,437/yr in estimated NOI at the $745,000 list price. Adjust every assumption in the calculator below.
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Style
Other
Built
1900
This is a rare opportunity to buy this multi-income producing property, High visability with lots of traffic. Large retail space with a huge storage building with lots of off street parking and a three family for additional income stream. Inventory and business not included in the sale. This property could be purchased with the neighboring two commercial properties for a large developement opportunity!
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 MLS and other third-party data may be inaccurate or out of date.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
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Parking
Interior Specifications
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Building & Exterior
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Geography
Listing Agent: Jeffrey Oconnor
Listing Office: Gallagher Real Estate
MLS® Number: 73566008