89-95 School St Chicopee, MA 01013
Listing Courtesy of: MLS PIN / Lock And Key Realty Inc. / The Madison Team

  89-95 School St Chicopee, MA 01013

Active (38 Days)
$1,350,000
24
BED
11
BATH
10,000
SQFT

Description

Investment Opportunity! This fully occupied 11-unit mixed-use building offers strong cash flow, long-term stability, and value-add potential! The property features 10 residential units and a ground-level commercial storefront in a prime, high-visibility location. Each unit has separate electric and heating systems, and lead certificates are on file for all residential units. All units are currently rented by long-term tenants, with 9 out of 10 residential units subsidized through Section 8—providing consistent, government-backed rental income. Most tenants are on month-to-month leases, giving a new owner the flexibility to increase rents and boost returns. Professionally managed and well-maintained, this asset is ideal for investors seeking a stabilized building with upside. Whether you're expanding your portfolio or securing your next high-performing asset, this property checks all the boxes!

MLS #:
73396046
Taxes
$11,039(2024)
Type
Multifamily
Year Built
1935
County
Hampden County

Listed By

The Madison Team, Lock And Key Realty Inc.
Source
MLS PIN
Last checked Aug 1 2025 at 7:38 PM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
  • Foundation: Block
  • Foundation: Other
Basement Information
  • Full
  • Dirt Floor
  • Concrete
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Stories
  • 4
Living Area
  • 10,000 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 24, 2025
Price Changed
$1,350,000
-5%
-75,000
Jul 14, 2025
Price Changed
$1,425,000
-2%
-24,000
Jun 24, 2025
Original Price
$1,449,000
-
-
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