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16 Days on market
64 Stewart St Chicopee — Photo 1 of 42

64 Stewart St Chicopee — Photo 1 of 42

$395,000

Investment Analysis — 64 Stewart St

Chicopee, MA 01020

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 4-bedroom in 01020 carries an estimated $2,290/mo in gross rent — about a 4.19% cap rate and $16,563/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,828

Style

Single Family

Built

1920

Welcome to this fantastic property offering space, flexibility, and endless possibilities! This well-located home features 4 bedrooms and 2 full bathrooms, the huge primary/master bedroom with its own private en-suite bathroom, creating a comfortable and versatile layout. Enjoy the convenience of mini-split heating and cooling throughout the home, providing efficient year-round comfort. The basement adds even more appeal with a dedicated sauna room, offering a great space to relax and unwind right at home. This property also sits on a double lot, offering an exceptional amount of outdoor space and the opportunity to make the property your own. Whether you envision creating a beautiful yard, dividing the lot, exploring a potential sale or future build, or simply enjoying the extra space, there is plenty of room to use your imagination.Conveniently located near everyday amenities, shopping, dining, transportation, and more. Great property with tremendous potential—don't miss this opportunity!

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 1,828 sq ft principal dwelling). Lot size: 10,769 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$395,000
Annual Taxes$4,322

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull

Climate & Utilities

HeatingSteam, Oil, Air Source Heat Pumps (ASHP)
CoolingHeat Pump, ENERGY STAR Qualified Equipment
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
Zoning6

Property & Lot

Acres0.25
SqFt Lot10,769
Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: Indra Harris

Listing Office: NextHome Elite Realty

MLS® Number: 73569357