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21--23 Luther Street, Chicopee MA 01020

$499,999

Estimated $1,157/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $249,999.50

Total Rent: 53400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2184

Total Parking: 10 (2 Garage)

10,000 (0.23)

Updated and cash-flowing multi-family property professionally maintained by an experienced owner. This well-cared-for investment features two large porches, beautiful original woodwork and trim, and refreshed hardwood floors that preserve its classic character. Kitchen updates include new cabinetry and granite countertops, while electrical upgrades provide added value and peace of mind. Recent exterior improvements include a new driveway and new garage doors with automatic openers. Enjoy a charming pear tree, flower gardens, and attractive outdoor space. The third floor offers abundant storage and potential for additional living space. A rare opportunity to own a turnkey income-producing property with modern updates, historic charm, and future upside potential. First showing Sunday June 21 9-11am.

This home has been viewed 8 times

Last Checked: June 20th, 2026 at 5:03am (Source: MLS PIN #73536202)

Gross Income: $53,400

Gross Expenses: $4,149

Net Income Calc: $49,251

Annual Expenses for 21--23 Luther Street, Chicopee MA 01020

Total Gross Expenses (Calculated)$4,149/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4149

Annual Income & Unit Breakdown for 21--23 Luther Street, Chicopee MA 01020

Total Gross Income (Calculated)$53,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 21--23 Luther Street, Chicopee MA 01020

Listing ID73536202

Property TypeMulti Family / 2 Family

Price499999 ($228.94/SqFt)

Style2 Family - 2 Units Up/down

CityChicopee

CountyHampden

Neighborhood(s)

Approximate Living Area Total2184

Approximate Lot Size (Acres)0.23

Total Parking10 (2 Garage)

Garage Parking2

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 21--23 Luther Street, Chicopee MA 01020

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 21--23 Luther Street, Chicopee MA 01020

Real Estate Taxes4149

Tax Year2025

Assessed Value$0

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 21--23 Luther Street, Chicopee MA 01020

Neighborhood(s)

Area Amenities

Contact Information for 21--23 Luther Street, Chicopee MA 01020

Agent

Name: Mark Rodgers

Office

Name: American Made Real Estate Company

Phone: 413-210-7516

Team Members

Payment Calculator

, Interest

Property Taxes 345.75

Principal & Interest 3080.83

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

American Made Real Estate Company

Mark Rodgers

Agent Phone

Office Phone

(413) 210-7516

Text Agent Call Agent Call Office

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    [unparsed] => 21--23 Luther Street, Chicopee MA 01020
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EXIT

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