
90 Mckinstry Ave #221 Chicopee — Photo 1 of 20
$190,000
Investment Analysis — 90 Mckinstry Ave #221
Chicopee, MA 01013
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01013 carries an estimated $1,600/mo in gross rent — about a 2.89% cap rate and $5,485/yr in estimated NOI at the $190,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,592
Style
Condominium
Built
1929
Here is your second chance at one of the most distinctive and spacious two-story units at Kirby Schoolhouse Condominiums. This corner townhouse offers significantly more square footage than most units in the complex, and its dramatic black spiral staircase serves as a true architectural focal point. It was the very feature that captured the current owner’s attention. It also offers exciting potential for an industrial modern design style. The second-floor corner layout showcases exposed brick walls, tall windows, and soaring ceilings that enhance the airy, loft-inspired atmosphere. On the first level, you’ll find a carpeted living room with a ceiling fan and closet, a kitchen with abundant cabinetry, a carpeted dining area, a convenient half bath, and a hallway closet for utilities and storage. Upstairs, the primary bedroom features wall-to-wall carpeting and a creative cutout overlooking the staircase and lower level. The second room—listed in public records as a bedroom—also includes wall-to-wall carpeting and a closet, making it an excellent option for a home office, hobby space, or flexible bonus room just outside the full bath. The complex offers community laundry rooms, permitted resident parking plus guest parking, and elevator access. Kirby Schoolhouse Condominiums are conveniently located near the public bus line, with highway access, shopping, and numerous amenities within five miles. If you’re ready to own one of the largest and most unique two-story units in this historic building, schedule your viewing today. Experience the character, space, and style that make this home special. This is a rare chance to secure one of the largest units in the complex at a value-driven price.
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 • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Wall to Wall Carpet, Flooring - Vinyl, Lighting - Overhead
Primary Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half, Flooring - Vinyl, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Sconce
Listing Agent: Cheryl Malandrinos
Listing Office: HB Real Estate, LLC
MLS® Number: 73558856