MA > Chicopee
Chicopee, MA 01013,89-95 School St
Chicopee, MA 01013,89-95 School St
Chicopee, MA 01013,89-95 School St
Chicopee, MA 01013,89-95 School St
Chicopee, MA 01013,89-95 School St
Chicopee, MA 01013,89-95 School St
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Antonio Illas

Antonio Illas

+1(857) 354-9178
$ 1,425,000
Est. payment | /mo

24 Beds

11 Baths

10,000 SqFt

Save
$ 1,425,000
Est. payment | /mo
Save

24 Beds

11 Baths

10,000 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $142

MLS Listing ID 73396046

Bedrooms 24

Full Baths 11

Year Built 1935

Annual Tax Amount $11,039

Tax Year 2024

Property Sub-Type 5-9 Family

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!

Location

State MA

County Hampden

Zoning Mixed Use

Direction Located at the corner of School & Dwight St.

Rooms

Basement Full, Dirt Floor, Concrete

Exterior

Community Features Public Transportation, Shopping, Park, Highway Access, Public School

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Concrete Perimeter, Block, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Lock and Key Realty Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(857) 354-9178

aillas@aisellshomes.com

25 Messenger St, Plainville , Massachusetts, 02762, USA

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89-95 School St