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$1,299,000
24 Beds
11 Baths11 full baths
10,000sqft
89-95 School St, Chicopee, MA 01013
$1,299,000
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Multi Family
Built in 1935
$-- HOA
-- sqft lot
$130/sq.ft
Description
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. P...
Continue Reading- Houzeo last checked: 50 Minutes ago
- Listing updated: October 11, 2025 at 7:05 am
- Listing Provided by: |
- Source: MLS Property Information Network-MA | MLS#: 73440475
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1935
HOA Fees
-
Finished Area
10,000 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73440475
MLS Status
Active
Days on Market
58
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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