$1,299,000 ($129.90 per sqft)

Est. Mortgage $6,147/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

89-95 School St, Chicopee, MA, 01013

View larger map Directions

45 rooms

24 beds

11 Full baths

1935

10,000 sqft

10% Cap Rate! 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!

Status:

Active

Type:

Multi-family

Units:

Zoning:

Mixed Use

Basement:

Full, Dirt Floor, Concrete

Levels:

Est. Taxes:

$11,039

Assessment

$10,330,000

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Highway Access, Public School

MLS #:

73440475

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$1,199,900

25 beds

25 baths

99,999 sqft

35 Lower Grape St, Chicopee, MA, 01013

$1,299,000

7 beds

2.5 baths

2,600 sqft

7 Stickney Ave, Somerville, MA, 02145

$1,375,000

17 beds

12 baths

10,000 sqft

7 Washington, Somerville, MA, 02143

$1,280,000

6 beds

3.5 baths

3,093 sqft

47 Bellevue Ave, Winthrop, MA, 02152

$1,400,000

8 beds

4 baths

3,026 sqft

57-59 Myrtle St, Somerville, (East Somerville), MA, 02145

$1,350,000

8 beds

3 baths

3,212 sqft

33 Beacon St, Somerville, (Inman Square), MA, 02143

$1,190,000

6 beds

5 baths

3,600 sqft

72 Cottage Lane, Templeton, (East Templeton), MA, 01468

$1,300,000

8 beds

4.5 baths

7,178 sqft

169-171 Salem St, Lowell, MA, 01854

Price Reduced!

$1,380,000

12 beds

12 baths

13,187 sqft

329 Beech Street, Holyoke, (Oakdale), MA, 01040

Price Reduced!

$1,400,000

24 beds

8 baths

13,410 sqft

228 Belmont Ave, Springfield, (Forest Park), MA, 01108

$1,400,000

9 beds

6 baths

5,760 sqft

12-R Jackielyn Cir, Granby, MA, 01033

$1,279,000

5 beds

2.5 baths

3,932 sqft

52 Pleasant St, Woburn, MA, 01801

$1,298,000

4 beds

2 baths

2,837 sqft

9 Maple St, Watertown, (East Watertown), MA, 02472

$1,300,000

8 beds

3 baths

3,708 sqft

37 Trident Ave, Winthrop, MA, 02152

$1,200,000

6 beds

4 baths

3,343 sqft

291-293 School Street, Waltham, MA, 02451

$1,200,000

9 beds

3 baths

4,452 sqft

6 Pelham Street, Worcester, MA, 01609

New or Coming Soon Properties

New Listing!

$1,199,900

6 beds

3 baths

2,900 sqft

61-63 Foster St, Arlington, (East Arlington), MA, 02474

New Listing!

$1,399,000

12 beds

9 baths

3,900 sqft

Listing courtesy of The Madison Team, Lock and Key Realty Inc.

$1,299,000 ($129.90 per sqft)

89-95 School St, Chicopee, MA, 01013

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$1,199,900

35 Lower Grape St, Chicopee, MA, 01013

$1,299,000

7 Stickney Ave, Somerville, MA, 02145

$1,375,000

7 Washington, Somerville, MA, 02143

$1,280,000

47 Bellevue Ave, Winthrop, MA, 02152

$1,400,000

57-59 Myrtle St, Somerville, (East Somerville), MA, 02145

$1,350,000

33 Beacon St, Somerville, (Inman Square), MA, 02143

$1,190,000

72 Cottage Lane, Templeton, (East Templeton), MA, 01468

$1,300,000

169-171 Salem St, Lowell, MA, 01854

$1,380,000

329 Beech Street, Holyoke, (Oakdale), MA, 01040

$1,400,000

228 Belmont Ave, Springfield, (Forest Park), MA, 01108

$1,400,000

12-R Jackielyn Cir, Granby, MA, 01033

$1,279,000

52 Pleasant St, Woburn, MA, 01801

$1,298,000

9 Maple St, Watertown, (East Watertown), MA, 02472

$1,300,000

37 Trident Ave, Winthrop, MA, 02152

$1,200,000

291-293 School Street, Waltham, MA, 02451

$1,200,000

6 Pelham Street, Worcester, MA, 01609

New or Coming Soon Properties

$1,199,900

61-63 Foster St, Arlington, (East Arlington), MA, 02474

$1,399,000

84 Blue Hill Ave, Boston, MA, 02119

$1,200,000

14 Grant St, Boston, (Dorchester), MA, 02125

$1,349,000

41 Charles St, Boston, (Dorchester's Fields Corner), MA, 02122

$1,295,000

383 Quincy Street, Brockton, MA, 02302

$1,200,000

3 Walley Street, Boston, (East Boston's Orient Heights), MA, 02128

$1,200,000

8 New Plainville Rd, New Bedford, MA, 02745

$1,199,000

5-7 N Crescent Circuit, Boston, (Brighton), MA, 02135

$1,325,000

87 Etna Street, Boston, (Brighton), MA, 02135

$1,350,000

308 Main St, Oxford, MA, 01540

$1,399,000

168 Brook Rd, Milton, (Milton Center), MA, 02186

$1,395,000

93 -95 Lime Street, Newburyport, MA, 01950

$1,299,999

184 Myrtle St, Brockton, (Campello), MA, 02301

$1,200,000

27 Jenkins St, Boston, (South Boston), MA, 02127

$1,249,000

16 Hawthorne Street, Boston, (Roxbury's Fort Hill), MA, 02119

$1,399,000

39 Maynard St, Arlington, MA, 02474

89-95 School St, Chicopee, MA, 01013

Your Raveis Experience

Your best can only get better...