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    16 Abbey St Chicopee, MA 01013

    For Sale
    $397,500

    Four-unit property with stable income near Chicopee center.

    Lot size:
    0.08 Acres

    Property Features for 16 Abbey St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1921

    Source: 5 College REALTORS Northampton Agent Scott Rebmann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicopee Multifamily Investment Opportunity

    This multifamily property features four one-bedroom units and vinyl siding. The property generates over $40,000 annually (APO). Each unit has separate gas furnaces, with tenants responsible for their own utility costs, while the owner covers water and sewer expenses. The units are rented through an agency, ensuring stable income with tenant placement services. The property is located near Chicopee center and offers convenient highway access. The property is intended as an investment opportunity to add to an investment portfolio.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6116053
    Latitude
    42.1429912

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with stable income near Chicopee center.
    Where is this quadplex located?
    The property is located at 16 Abbey St Chicopee, MA.
    What is the asking price?
    The asking price for this property is $397,500.
    What are key features of this property?
    This property features: - Generates over $40,000 annual income.; - Four separate one-bedroom units.; - Tenants pay their own utilities (gas furnaces).
    (413) 813-7153
    Request Owner's contact information
    16 Abbey St Chicopee, MA 01013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Abbey St Chicopee, MA 01013
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