95 School St - Multi-Family FOR SALE


Chicopee, MA 01013
$1,299,000 USD
413-519-1423
95 School St, Chicopee, MA for Sale
$1,299,000 USD
Multi-Family - FOR SALE
1/30
null | 10% Cap Rate

95 School St
Chicopee, MA 01013


HIGHLIGHTS

  • Separate Utilities
  • 90% Subsidized

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

11

PRICE/UNIT

$118,091

CAP RATE

10%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

CHIC-000077-000000-000015

ASK ABOUT THIS PROPERTY

Jessica MekalLock & Key RealtyMore Info
413-519-1423

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Jessica MekalLock & Key RealtyMore Info
413-519-1423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.