89-95 School St Chicopee, MA 01013
Property details
About 89-95 School St
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!
Highlights
Summary
- Full Bathrooms: 11
- Basement: Yes
- Total Bedroom Count: 24
- List Price: $1,449,000
- Price/SqFt: $144
- Lot: Corner Lot
- Directions: Located at the corner of School & Dwight St.
- Year Built: 1935
- Stories: 4
- Living Area: 10,000 SqFt
- MLS Number: 73396046
- MLS Name: MLS Property Information Network
- Office Name: Lock and Key Realty Inc.
- Office Phone: (413) 282-8080
- Listing Agent: The Madison Team
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 1:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
3
Bowe
Public District KG-5
0.3 mi
•115 Hampden St
2
Glenwood
Public District KG-5
1.4 mi
•50 Morison Ter
5
Gen John J Stefanik
Public District KG-5
1.5 mi
•720 Meadow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,381. The most common annual income of people living in Chicopee, MA is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
Living in Chicopee, MA
Chicopee features a network of roads and highways that connect residents to nearby cities and amenities, with public transportation options available for those commuting within and beyond the city. The area's walkability varies, with some neighborhoods offering pedestrian-friendly environments. The city is also served by a bus system, providing residents with an alternative to private vehicle use.
The community is served by a number of public schools, including several elementary schools, middle schools, and Chicopee High School, as well as private educational options. Healthcare is accessible through local clinics and a nearby hospital, offering a range of services from emergency care to specialized treatments. Residents enjoy a variety of retail and dining options that reflect the local culture, and the city is proactive in adapting services to meet the needs of its changing demographics.
Chicopee prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its annual events, such as the Chicopee Fest-of-All, which showcases local music, food, and crafts, fostering a vibrant community spirit. The presence of parks and recreational areas contributes to the city's family-friendly atmosphere.
Chicopee's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in the area range from historic Victorian homes to contemporary constructions, reflecting the city's evolution over time. Single-family homes are the most common, providing a suburban feel to many neighborhoods.
About 89-95 School St
The listing price of 89-95 School St property is $1,449,000.
The property 89-95 School St is a multi located in Chicopee, Massachusetts, 01013.
Active Listing: 89-95 School St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 89-95 School St are: Bowe (GreatSchools Rating 3/10), Glenwood (GreatSchools Rating 2/10), Gen John J Stefanik (GreatSchools Rating 5/10), Dupont Middle School (GreatSchools Rating 3/10), Lyceum Academy (GreatSchools Rating 2/10), Chestnut Accelerated Middle School (Talented and Gifted) (GreatSchools Rating 6/10), Paulo Freire Social Justice Charter School (GreatSchools Rating 1/10), Chicopee High School (GreatSchools Rating 2/10), The Springfield Renaissance School an Expeditionary Learning (GreatSchools Rating 3/10).
The property 89-95 School St is 10,000 SqFt (source: MLS/tax record).
The year of construction for 89-95 School St is 1935.
This home is located at 89-95 School St in Chicopee, MA and zip code 01013. This 10,000 square foot home was built in 1935. Features: 24 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $1,449,000.
While more than 30 listings in Chicopee, MA in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Chicopee, MA decreased by 5.5% between May and June 2025. The median list price of listings available in June 2025 was $317,287, while the average time on the real estate market was 36 days.