2 Structures on one lot! Just think of Generational living or the ADU possibilities! Current Gross Receipts for three out of the four units is $3,100 per month! Welcome to a truly unique property offering a rare combination of historic character, residential income, and an exceptional home business or workshop opportunity. Located in the historic Chicopee/Elms College area, this well-maintained 1880s home sits on an open corner lot and includes a detached carriage house that is perfect for an entrepreneur, craftsman or hobbyist.. The main residence features six bedrooms, four bathrooms, and two apartment units. The first-floor apartment provides convenient single-level living, while the second apartment spans the second and third floors, offering generous living space. The home also includes a dry basement with a concrete floor and has been thoughtfully maintained and improved over the years. Most of the home is insulated and features an updated hydronic four-zone natural gas heating system, with one area also benefiting from heat pump heating and cooling. Additional improvements include an on-demand natural gas water heater, 200-amp electrical service, carpentry repairs, and fresh exterior painting completed this summer. The detached carriage house, built in 1996, is a standout feature. The first floor offers an approximately 18' x 30' workshop with a large overhead door and opener, efficient LED lighting, wood-stove heat, hot and cold water, sink, toilet, air compressor, and 60-amp 220-volt electrical service. A 5 kW owner-owned, grid-tied solar electric system adds to the property's appeal. The second floor of the carriage house is a charming open loft featuring a full kitchen and full bathroom with tub and shower, mini-split heat pump, wood stove for backup heat, and beautiful natural wide-board yellow pine flooring throughout. Three skylights and a large south-facing picture window provide abundant natural light and create a unique atmosphere reminiscent of a peaceful treehouse retreat. With multiple living spaces, workshop capabilities, and excellent potential for rental income, this property is suited for those seeking a home-based business, additional income, multigenerational living.
This home has been viewed 20 times
Last Checked: October 23rd, 2026 at 5:18am (Source: MLS PIN #73592287)
Gross Income: $37,200
Gross Expenses: $6,290
Net Income Calc: $30,910
Annual Expenses for 55 Gaylord Street, Chicopee MA 01013
Total Gross Expenses (Calculated)$6,290/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6290
Annual Income & Unit Breakdown for 55 Gaylord Street, Chicopee MA 01013
Total Gross Income (Calculated)$37,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 55 Gaylord Street, Chicopee MA 01013
Listing ID73592287
Property TypeMulti Family / 4 Family
Price475000 ($174.06/SqFt)
Style4 Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total2729
Approximate Lot Size (Acres)0.23
Total Parking6 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 55 Gaylord Street, Chicopee MA 01013
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 55 Gaylord Street, Chicopee MA 01013
Real Estate Taxes6290
Tax Year2026
Assessed Value$412,700
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 55 Gaylord Street, Chicopee MA 01013
Neighborhood(s)
Area Amenities
Contact Information for 55 Gaylord Street, Chicopee MA 01013