583 Chicopee St Chicopee — Photo 1 of 23
Recent Drop: $100,000
$499,900
Investment Analysis — 583 Chicopee St
Chicopee, MA 01013
Based on rent reported on the MLS listing, a 4-unit multi-family in 01013 carries $5,200/mo in gross rent — about a 8.29% cap rate and $41,421/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
4
SqFt
3,126
Style
4 Family
Built
1920
This well-maintained four-family property is an exceptional addition to any investment portfolio or the perfect opportunity for an owner-occupant. Featuring four income-producing units, with the highly desirable second-floor unit to be delivered vacant at closing, this property offers immediate flexibility to set your own market rent or move in while generating income from the remaining units. Conveniently located near shopping, restaurants, parks, major highways, and public transportation, tenants will appreciate the property’s central location. Whether you’re looking to expand your portfolio or secure a multi-family with strong income potential, this is an opportunity you won’t want to miss.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park
Geography
Property History
$499,900
Was $524,900
Aug 25, 2026
MLS® 73550019
$524,900
Was $549,900
Aug 20, 2026
MLS® 73550019
$549,900
Was $599,900
Jul 28, 2026
MLS® 73550019
$599,900
Jul 15, 2026
MLS® 73550019
Listing Agent: The Gerber Group
Listing Office: Naples Realty Group
MLS® Number: 73550019