89-95 School St Chicopee, MA ^$ 1,299,000

89-95 School St

^$ 1,299,000

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89-95 School St

Chicopee, MA, 01013

^$ 1,299,000

Bedrooms24 Baths11.0 Sq 10,000

Monthly Estimate*

^$ 8,104

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Multi-Family Home for sale in Chicopee, MA

for $1,299,000 with 24 bedrooms and 11 full baths. This 10,000 square foot home was built in 1935.

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!

Multi-Family Active

Price

^$ 1,299,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,039

Style

5-9 Family

Year Built

1935

Town/City

Chicopee

County/Region

Hampden

MLS | Web ID

73440475

List By

The Madison Team

Listing Agent

Lock And Key Realty Inc.

Broker

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$9,024

Per Month

Monthly Principal & Interest: $8,104
Monthly Property Taxes: $920
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Chicopee, MA

Average List Price ^$486,310

Percent of Sale Price 63%

About Chicopee, MA

55,391 Population

1% Since 2002

^$49,535 Median Income

41.16 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
10/7/2025	$1,299,000		Listed Price

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89-95 School St, Chicopee, MA, 01013 is a Multi-Family Home for sale at $1,299,000 with 10,000 sqft. 89-95 School St has 24 bedrooms, 11.0 baths, and was built in 1935. The property's zip code is 01013 which is in Chicopee, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/12/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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89-95 School St

Multi-Family Home for sale in Chicopee, MA

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