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Updated Duplex Income Property

11-13 Chateaugay St Chicopee, MA 01020

New
11-13 Chateaugay St, Chicopee, MA, 01020
$399,000
Pending
For Sale
Claim this Listing
$399,000
Pending

MULTI_FAMILY - Chicopee, MA

Property Size2,398 SF
Lot Size0.13 Acres
AddedJul 11
Days on Market4
Last RefreshJul 14 at 9:06 pm

Property Features for 11-13 Chateaugay St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
2
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
Parking
9
Standard status
Pending
APN
M:0072 B:00053 L:0000
Size
2,398 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4577

Building Details

Year built
1940
Floors in Building
2
Number of units
2

Listing agent Laura Stevens

Listing office Keller Williams Realty 66 Dwight Road, Longmeadow, MA

Listing date Jul 11, 2026

MLS# 73543568 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This updated duplex income property offers separate utilities and a number of completed exterior and mechanical improvements. Roof and gutters were completed in 2019, the chimney was professionally re-pointed in 2018, and additional updates include a newer entry door (2018) plus stairs and handrails (2019). Automatic lighting is provided throughout the shared corridors, and updated mechanics were installed in 2017 and 2022. The property includes a 2-car garage and driveway parking for seven cars.

The duplex is located at 11-13 Chateaugay St, Chicopee, MA 01020, within zoning classified as “2.” The second-floor unit is leased for $1,500 per month on a four-year agreement, and the lease structure includes a rent increase possibility. The first-floor unit is currently unoccupied.

With two separate living spaces and ongoing maintenance updates, the property is set up for either an investor seeking rental income or an owner-occupant looking to live in one unit while renting the other.

Key Highlights

  • Year built 1940 with 4 bedrooms and 2 bathrooms
  • Roof and gutters replaced in 2019
  • Separate utilities with mechanics updated in 2017 and 2022

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $47.5k $19.80
− Vacancy −$2.6k −$1.09
EGI $44.9k $18.71
− OpEx −$13.5k −$5.61
NOI $31.4k $13.10
2,398 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$448.7K
$392.6K – $523.5K (±1% cap)
NOI $31,408 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$415.8K
$363.8K – $485.1K (±1% cap)
NOI $29,107 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,455 @ 7.0% cap · market cap 25.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency HVAC Service Accounting Firm Gym & Fitness Center Kitchen & Bath Showroom Cafe & Coffee Shop Plumbing Service Locksmith Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex with separate utilities, a 2-car garage, and driveway parking for seven cars, currently with one unit rented.
Where is this duplex located?
The property is located at 11-13 Chateaugay St Chicopee, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 1940 with 4 bedrooms and 2 bathrooms; Roof and gutters replaced in 2019; Separate utilities with mechanics updated in 2017 and 2022
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