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About this property
Beautifully renovated two-family home in Chicopee! The first-floor unit is vacant and offers hardwood flooring, in-unit laundry, a spacious living room, an updated kitchen, and well-sized bedrooms. The second-floor unit is currently occupied and generating rental income. Set on an approximately 0.6-acre lot, the property provides plenty of off-street parking and a large shed for additional storage. The backyard offers many possibilities for outdoor enjoyment or projects (buyer to verify intended use). Conveniently located near shopping, dining, parks, and highway access. A great opportunity for an investor or for someone looking to live in one unit and offset expenses with rental income.
Property details
| Units | 2 |
| Living area | 2,209 sqft |
| Lot size | 26,000 sqft |
| Year built | 1880 |
| Price / sqft | $195 |
| County | Hampden |
| MLS # | 73493908 |
Listing status
| Days on market | 48 days |
| Listed on | March 31, 2026 |
Taxes & financials
| Annual property tax | $3,929 |
| Tax year | 2025 |
| Assessed value | $259,200 |
| Zoning | 4 |
| Gross income (actual) | $21,600/yr |
| Net operating income (actual) | $21,600/yr |
| Total actual rent | $1,800/mo |
Building & lot
| Stories | 2 |
| Total rooms | 9 |
| Lot size | 0.6 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive |
| Basement | Full, Bulkhead, Unfinished |
| Foundation | Brick/Mortar |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Chicopee →
Listing courtesy of Coldwell Banker Realty - Western MA — The Generation Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 221 East St, Chicopee MA 01020 have?
It is a 2-unit multi-family property with 2,209 sqft of living area, built in 1880.
How long has 221 East St, Chicopee MA 01020 been on the market?
221 East St, Chicopee MA 01020 has been listed for 48 days (since March 31, 2026).
What is the estimated cap rate on this 2-family in Chicopee?
Based on area median rents, the estimated cap rate is about 4.7%, with a Signal Score of 82/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $429,900 across 2 units, that works out to roughly $214,950 per unit.
What are the property taxes on 221 East St, Chicopee MA 01020?
Annual property taxes are $3,929 (2025), on an assessed value of $259,200.
What is the price per square foot?
At $429,900 for 2,209 sqft, that's about $195 per square foot.
Is there parking?
6 total parking spaces (paved drive).
Where is this property located?
221 East St, Chicopee MA 01020 is in Chicopee, Hampden County, MA 01020.
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