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You are here:
Home Massachusetts Chicopee Multi-Family Homes for Sale

83 Madison St Chicopee, MA 01020

60 Days on Boston Pads
Price Reduced $29,500
5 Photos
$459,500
3 Unit
7 Beds
3 Baths
3414 SQFT
0.12 Acre
83 Madison St
Chicopee, MA 01020

Property Description

NEW PRICE !!! Same Amazing Opportunity!!! Turn-key income producing 3 Family in a high-demand rental area near parks, schools, major highways, public transit, and everyday amenities. This well-maintained three-family property features numerous upgrades including a NEW roof and NEW state-of-the-art HVAC system, providing energy efficiency and long-term value.Each unit offers spacious layouts with excellent rental appeal. Ideal for multi-generational living, investors or owner-occupants seeking strong rental income with minimal maintenance. Fully rented, strong cash flow, portfolio expansion and versatile opportunities . Low maintenance with major systems already upgraded. Current rents are well below market levels.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Programmable Thermostat
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 39000
  • Net Operating Income: 39000

Utilities

  • Heat Zones: 3
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat, Storm Doors
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Gas, Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Gas, Heat, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Gas, Heat, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73440085
  • Last Updated: 11/10/25

Date Event Price Price/Sq Ft Source
11/04/2025Active$459,500$135MLSPIN
10/31/2025Price Change$459,500$135MLSPIN
10/10/2025Active$489,000$143MLSPIN
10/06/2025New$489,000$143MLSPIN

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View Breakdown

Map & Resources

Chicopee High School

Public Secondary School, Grades: 9-12

0.43mi

Dupont Middle School

Public Middle School, Grades: 6-8

0.84mi

Samuel Bowles School

Public Elementary School, Grades: PK-5

0.84mi

Grace Academy

Private School, Grades: K-12

0.86mi

Mary O Pottenger School

Public Elementary School, Grades: PK-5

0.95mi

Belcher School

Public Elementary School, Grades: PK-2

0.95mi

St. Stanislaus School

Private School, Grades: PK-8

1.04mi

Valley West School

Special Education, Grades: K-12

1.1mi

Kava Press

Coffee Shop

1.51mi

Starbucks

Coffee Shop

1.69mi

McDonald's

Burger (Fast Food)

0.8mi

McDonald's

Burger (Fast Food)

1.31mi

Subway

Sandwich (Fast Food)

1.64mi

Panera Bread

Sandwich (Fast Food)

1.69mi

McDonald's

Burger (Fast Food)

1.72mi

Subway

Sandwich (Fast Food)

1.75mi

Chicopee Police Dept

Local Police

0.58mi

State Police Springfield

State Police

2.13mi

Shriners Hospitals for Children - Springfield

Hospital. Speciality: Paediatric Orthopaedics

2.09mi

Baystate Medical Center

Hospital

2.24mi

Mercy Medical Center

Hospital

2.26mi

Vibra Hospital of Western Massachusetts

Hospital

2.46mi

Chicopee Fire Department

Fire Station

0.59mi

Springfield Fire Department

Fire Station

1.16mi

Edward Bellamy House

Museum

0.53mi

Springfield Indian Motorcycle Museum and Hall of Fame

Museum

1.41mi

Abbey Brook

Municipal Park

0.96mi

Delta Hills Conservation Area

Municipal Park

1.02mi

Abbey Brook Extension

Nature Reserve

1.15mi

Chicopee Memorial State Park

State Park

1.5mi

Lincoln Grove Park

Municipal Park

0.17mi

Lincoln Park

Park

0.24mi

Ike Alpert Park

Municipal Park

0.26mi

Frank J. Szot Memorial Park

Municipal Park

0.58mi

Szot Park Playground

Playground

0.72mi

AMF Chicopee Lanes

Bowling Alley

1.76mi

M&T Bank

Bank

1.6mi

Peoples Bank

Bank

1.67mi

Peoples Bank Drive-Thru

Bank

1.71mi

Peoples Bank

Bank

1.71mi

Gary's Barber Shop

Hairdresser

1.58mi

Chicopee Center Chiropractic

Doctors

1.4mi

RiverBend Medical Group

Doctors

1.55mi

Chicopee Eyecare

Optician

1.64mi

Corner Store

Convenience

1.2mi

Stop & Shop

Supermarket

0.91mi

Big Y

Supermarket

0.93mi

ALDI

Supermarket

1.42mi

Walmart Supercenter

Supermarket

1.49mi

Big Y

Supermarket

1.62mi

Stop & Shop

Supermarket

1.77mi

Dollar Tree

Variety Store

1.64mi

Seller's Representative: Alan Tabin, B & B Real Estate
MLS ID#: 73440085

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2025-11-10 06:12:00

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