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95 School St 11 Unit Apartment Building $1,299,000 ($118,091/Unit) 10% Cap Rate Chicopee, MA 01013
INVESTMENT HIGHLIGHTS
- Separate Utilities
- 90% Subsidized
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- On-Site Retail
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | CHIC-000077-000000-000015 | Improvements Assessment | $552,700 |
| Land Assessment | $102,000 | Total Assessment | $654,700 |
PROPERTY TAXES
Parcel Number
CHIC-000077-000000-000015
Land Assessment
$102,000
Improvements Assessment
$552,700
Total Assessment
$654,700
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95 School St
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