83 Madison St Chicopee MA 01020 MLS #73440085

83 Madison St
Chicopee, MA, 01020
$489,000
7 Beds
3 Baths
3,414 SqFt
0.12 Acres
$489,000
83 Madison St
Chicopee, MA, 01020
Outstanding Income-Producing 3-Family in Prime Rental Location ! Turn-key investment opportunity in a high-demand rental area near parks, schools, major highways, public transit, and everyday amenities. This well-maintained three-family property features numerous upgrades including a new roof and state-of-the-art HVAC system, providing energy efficiency and long-term value.Each unit offers spacious layouts with excellent rental appeal. Ideal for investors or owner-occupants seeking strong rental income with minimal maintenance. Fully rented, strong cash flow, portfolio expansion of owner occupancy. Low maintenance with major systems already upgraded.

Property Details

Price:
$489,000
MLS #:
73440085
Status:
Active
Beds:
7
Baths:
3
Address:
83 Madison St
Type:
Multi Family
Subtype:
3 Family
City:
Chicopee
Listed Date:
Oct 6, 2025
State:
MA
Finished Sq Ft:
3,414
Total Sq Ft:
3,414
ZIP:
01020
Lot Size:
5,200 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
3

Schools

Elementary School:
Belcher Elementary School
Middle School:
Bellamy Middle School
High School:
Chicopee High School

Interior

Bathrooms
3 Full Bathrooms
Heating
Baseboard, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, On Street, Driveway
Parking Spots
2
Roof
Rubber

Financial

Net Operating Income
$39,000
Tax Year
2025
Taxes
$5,227
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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