4 Dl Ct Chicopee, MA 01013
This exceptional Chicopee investment property offers a diverse income stream and significant upside potential. The centerpiece is a well-maintained convenience store operating under a secure 10-year lease, generating a consistent monthly rental income of $2,200. Adding to the profitability, the property includes two completely renovated 2-bedroom, 1-bathroom apartments. One apartment is currently leased at $1,600 per month, while the second apartment is vacant, providing immediate opportunity for additional rental income or owner occupancy. Beyond the building itself, a significant advantage is the inclusion of a 0.41-acre commercial lot adjacent to the main structure. Currently utilized as parking, this lot presents a wealth of possibilities for expansion or redevelopment. Prospective buyers are encouraged to explore potential uses with the town of Chicopee. The property also features convenient off-street parking for tenants and customers. This multifaceted property presents a rare opportunity to acquire a well-established commercial operation with significant growth potential, combining established rental income with the flexibility of a large, undeveloped commercial lot. The combination of a stable, long-term lease, existing rental income, and the potential of the vacant apartment and additional land makes this an attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2015Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
106 · Chicopee, MACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.