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. Showings start at Open House Sunday July 19 from 1-3pm.
This home has been viewed 10 times
Last Checked: July 29th, 2026 at 7:03am (Source: MLS PIN #73550019)
Gross Income: $60,180
Gross Expenses: $6,003
Net Income Calc: $54,177
Annual Expenses for 583 Chicopee St, Chicopee MA 01013
Total Gross Expenses (Calculated)$6,003/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6003
Annual Income & Unit Breakdown for 583 Chicopee St, Chicopee MA 01013
Total Gross Income (Calculated)$60,180
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 583 Chicopee St, Chicopee MA 01013
Listing ID73550019
Property TypeMulti Family / 4 Family
Price549900 ($175.91/SqFt)
Style4 Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total3126
Approximate Lot Size (Acres)0.17
Total Parking10 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 583 Chicopee St, Chicopee MA 01013
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.
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 583 Chicopee St, Chicopee MA 01013
Real Estate Taxes6003
Tax Year2026
Assessed Value$393,900
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 583 Chicopee St, Chicopee MA 01013
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 583 Chicopee St, Chicopee MA 01013