1. Massachusetts
  2. Chicopee
  3. 89-95 School St
$1,350,000

89-95 School St, Chicopee, MA 01013

  • 24 beds |
  • 11 baths |
  • 10,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $135/sqft
  • Property List Date Icon Listed 1 month ago

Property 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!

Listing Status:
Active
Date Added:
June 24, 2025 at 05:00AM
Listing Office:
Lock and Key Realty Inc. : 413-282-8080
Listing Agent:
The Madison Team : 413-231-6828
MLS ID:
73396046
  • Basement: FullDirt FloorConcrete
  • Fireplace: Fireplaces: 0

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

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Bowe

115 Hampden St, Chicopee, MA, 01013

Grades KG-5

0.40 miles away

D

Dupont Middle School

650 Front St, Chicopee, MA, 01013

Grades 6-8

0.93 miles away

C

Chicopee High School

820 Front St, Chicopee, MA, 01020

Grades 9-12

1.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.