Additional details

$589,900
Est. payment /mo
4 Beds
2 Baths
3,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $148
MLS Listing ID 73567090
Bedrooms 4
Full Baths 2
Year Built 1956
Annual Tax Amount $4,299
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Property Description
Explore the potential of this newly renovated mixed use building with two side by side residential units on the second floor (both two bedrooms) and 1,450 SF commercial space on the first floor. Located in Chicopee's bustling center. This property offers a prime location. For residents it is conveniently located near grocery stores, resturants, gas statons, highway and more, and for the commercial space it is positioned for high foot traffic for easy customer access & strong visibility. The spacious and open commericial space has the potential for accomidating various business needs, from retail setups to wellness studios. There is also ample storage space in the basement. The flexible open layout allows for seamless customization, catering to different business models or creative setups. Equipped w/ two bathrms & comprehensive insulation for comfort & practicality. Potential uses include: retail store for a diverse array of merchandise, collaborative co-working space to meet the demands of modern professionals, showcase venue for local artists or galleries, or a fitness studio, such as yoga or dance. Both apartments are currently rented (leases ending 12/16/26 and 5/31/27) and outside six garages all rented as well. An IMMEDIATE revenue stream. This property presents a SOLID opportunity in a prime location, offering adaptability to a variety of concepts.
Location
State MA
County Hampden
Zoning 113
Direction Intersection of Chicopee St meets Prospect St
Exterior
Garage Spaces 6.0
View Y/N Yes
View City View(s)
Total Parking Spaces 12
Garage Yes
Building
Lot Description Corner Lot, Level
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Lock and Key Realty Inc.
Nearby School & Business
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