Explore the potential of this newly renovated mixed use building with two side by side residential units on the second floor (both two bedrooms) and 1,450 SF commercial space on the first floor. Located in Chicopee's bustling center. This property offers a prime location. For residents it is conveniently located near grocery stores, resturants, gas statons, highway and more, and for the commercial space it is positioned for high foot traffic for easy customer access & strong visibility. The spacious and open commericial space has the potential for accomidating various business needs, from retail setups to wellness studios. There is also ample storage space in the basement. The flexible open layout allows for seamless customization, catering to different business models or creative setups. Equipped w/ two bathrms & comprehensive insulation for comfort & practicality. Potential uses include: retail store for a diverse array of merchandise, collaborative co-working space to meet the demands of modern professionals, showcase venue for local artists or galleries, or a fitness studio, such as yoga or dance. Both apartments are currently rented (leases ending 12/16/26 and 5/31/27) and outside six garages all rented as well. An IMMEDIATE revenue stream. This property presents a SOLID opportunity in a prime location, offering adaptability to a variety of concepts.
This home has been viewed 5 times
Last Checked: September 24th, 2026 at 7:05am (Source: MLS PIN #73567090)
Gross Income: $35,400
Gross Expenses: $4,299
Net Income Calc: $31,101
Annual Expenses for 1036 Chicopee St, Chicopee MA 01013
Total Gross Expenses (Calculated)$4,299/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4299.37
Annual Income & Unit Breakdown for 1036 Chicopee St, Chicopee MA 01013
Total Gross Income (Calculated)$35,400
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 1036 Chicopee St, Chicopee MA 01013
Listing ID73567090
Property TypeMulti Family
Price589900 ($148.96/SqFt)
StyleMulti Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total3960
Approximate Lot Size (Acres)0.22
Total Parking12 (6 Garage)
Garage Parking6
Year Built1956
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
Zoning113
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1036 Chicopee St, Chicopee MA 01013
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 1036 Chicopee St, Chicopee MA 01013
Real Estate Taxes4299.37
Tax Year2025
Assessed Value$283,600
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 1036 Chicopee St, Chicopee MA 01013
Neighborhood(s)
Area Amenities
Contact Information for 1036 Chicopee St, Chicopee MA 01013