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61 Austin St Chicopee — Photo 1 of 22

61 Austin St Chicopee — Photo 1 of 22

$365,000

Investment Analysis — 61 Austin St

Chicopee, MA 01013

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01013 carries an estimated $2,120/mo in gross rent — about a 4.23% cap rate and $15,453/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,076

Style

Single Family

Built

1910

Discover a truly attractive property at 61 Austin St, Chicopee, MA. This 2076 sq ft single-family residence, offers 4brs, 2 full bathrooms, LR & formal DR. The living room provides a welcoming atmosphere, centered around a classic fireplace, perfect for creating memorable moments. One of the full bathrooms elevates daily routines with the inclusion of a luxurious jetted bathtub, offering a private retreat within your home. Enjoy the kitchen with stainless steel appliances including two ovens. Extra private living space on the third floor for your convenience. Besides the interior, the property extends its allure with a private yard, providing space for outdoor enjoyment. A charming front porch for relaxation, while a private pool offers a refreshing escape during warmer months. Washer and dryer stays. Some pictures have been enhanced.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,076 sq ft principal dwelling). Lot size: 6,437 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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$365,000
Annual Taxes$3,881

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Carpet
BasementFull

Climate & Utilities

HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Wood
FoundationStone
ZoningRES

Property & Lot

Acres0.15
SqFt Lot6,437
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchen
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Third
Listing Provided By

Listing Agent: Elaine Bourhan

Listing Office: Gallagher Real Estate

MLS® Number: 73570882