$1,350,000
89-95 School St
Chicopee, MA, 01013
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!
Property Details
Price:
$1,350,000
MLS #:
73396046
Status:
Active
Beds:
24
Baths:
11
Address:
89-95 School St
Type:
Multi Family
Subtype:
5-9 Family
City:
Chicopee
Listed Date:
Jun 24, 2025
State:
MA
Finished Sq Ft:
10,000
Total Sq Ft:
10,000
ZIP:
01013
Year Built:
1935
Units:
11
Schools
Interior
Bathrooms
11 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Park, Highway Access, Public School
Financial
Tax Year
2024
Taxes
$11,039
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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Courtesy of Lock and Key Realty Inc.. The property listing data and information 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 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 set forth herein.
89-95 School St
Chicopee, MA
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