258-270 Exchange St, Chicopee, MA 01020

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
73508772
Year Built
1925
Acres
0.64

Property Description

Here is a rare opportunity to own a significant mixed-use property in the heart of Chicopee Center. This building features a portfolio of 13 units, including 4 residential apartments and 9 commercial spaces, offering a diverse and stable income stream. The property has a large, private parking lot and a major capital improvement was recently completed with a new roof in 2024, offering significant value for years to come. Strategically located near major highways I-91 and I-391 and public transportation, this prime location ensures high visibility for commercial tenants while offering an easy commute for residents. This property is a fantastic value-add opportunity; with three units currently vacant, the new owner has the immediate potential to lease them at market rates, increasing cash flow and return on investment. Don't miss out on this exceptional investment. Schedule your private tour today.

Additional Information

Taxes
$34,620
Lot Size
27,767

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Listing courtesy of Listing Agent: Ryan Hellyar from Listing Office: Signature Realty.

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