38 Bonner Street Chicopee — Photo 1 of 19
$489,900
Investment Analysis — 38 Bonner Street
Chicopee, MA 01013
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01013 carries an estimated $3,560/mo in gross rent — about a 5.81% cap rate and $28,439/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,128
Style
2 Family - 2 Units Up/Down
Built
1920
Well-maintained two-family home offering excellent potential for both owner-occupants and investors. Situated on a cozy lot in a quiet neighborhood with minimal through traffic, this property is conveniently located near shopping, public transportation, medical facilities, and other everyday amenities. The first-floor unit features two bedrooms, while the second-floor unit offers three bedrooms. Additional highlights include hardwood floors in the main living areas and bedrooms, electric baseboard heating, a gas water heater, enclosed porches, vinyl siding, and a fenced-in backyard with a patio ideal for outdoor enjoyment. The property is fully vacant, providing maximum flexibility for owner occupancy, multi-generational living, or rental investment opportunities. Priced competitively, this property presents a great opportunity to build equity while taking advantage of the versatility and income potential of a two-family home. Don’t miss this 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 MLS and other third-party data may be inaccurate or out of date.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
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Laundromat
Geography
Listing Agent: Nikolay Yusenko
Listing Office: Class Realty, Inc.
MLS® Number: 73538477