FOUR-FAMILY INVESTMENT OPPORTUNITY WITH OWNER-OCCUPANT POTENTIAL! Don't miss this spacious multi-family property situated on a quiet dead-end street surrounded primarily by single-family homes. Featuring four generous units and a three-bay garage with additional rental income potential, this property offers an excellent opportunity for investors and owner-occupants alike. Each apartment features spacious living areas, eat-in kitchens, pantries, charming tin ceilings, and large covered porches. Numerous improvements have been completed throughout, including updated flooring, fresh interior paint, replacement windows in most of the building, and extensive plumbing and electrical upgrades. Additional highlights include separate electric meters, gas boilers, and newer hot water tanks. Tenants pay their own utilities, helping maximize rental income and cash flow. One unit is currently vacant, providing an excellent opportunity for an owner-occupant to live in one apartment while collecting rental income from the other units. With ample off-street parking, an easy-to-maintain yard, and additional income potential from the three-bay garage, this is a versatile property with plenty of opportunity to build equity, increase cash flow, and grow your real estate portfolio!
This home has been viewed 2 times
Last Checked: November 4th, 2026 at 10:43am (Source: MLS PIN #73598419)
Gross Income: $87,600
Gross Expenses: $7,756
Net Income Calc: $79,844
Annual Expenses for 27 Hillman Street, Chicopee MA 01020
Total Gross Expenses (Calculated)$7,756/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7756
Annual Income & Unit Breakdown for 27 Hillman Street, Chicopee MA 01020
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor4
Levels in Unit1
Rent IncludesHeat
General Information for 27 Hillman Street, Chicopee MA 01020
Listing ID73598419
Property TypeMulti Family / 4 Family
Price690000 ($142.71/SqFt)
Style4 Family - 4 Units Up/down
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total4835
Approximate Lot Size (Acres)0.11
Total Parking11 (3 Garage)
Garage Parking3
Year Built1930
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning111C
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 27 Hillman Street, Chicopee MA 01020
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 27 Hillman Street, Chicopee MA 01020
Real Estate Taxes7756
Tax Year2026
Assessed Value$508,900
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 27 Hillman Street, Chicopee MA 01020
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 27 Hillman Street, Chicopee MA 01020