Two-Family Residential
20 Rathburn St Chicopee, MA 01020
20 Rathburn St, Chicopee, MA, 01020
$295,000
For Sale
$295,000
Two-family home with two 2-bedroom, 1-bath units, including updates in the second-floor unit.
Property Size1,904 SF
Price / SF$154.94
Days on Market33
Property Features for 20 Rathburn St
General Information
- Standard status
- Active
- Size
- 1,904 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1926
Listing agency
Gallagher Real Estate
(413) 627-2921
Listed by
Todd Kazunas
(413) 627-2921
Source
Lockandkeyre
Added: Jun 21 Updated: Jul 22 at 8:32PM Checked: Jul 22 at 8:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gallagher Real Estate
Investment Insights
Based on property information with market context.
This two-family residential income property features two separate units, each with 2 bedrooms and 1 full bath. The second-floor unit has received several updates and is described as move-in ready, while the first-floor unit offers the opportunity to refresh and personalize.
The property is located in Chicopee with access noted to the Mass Pike and I-291, positioning it for convenient commuting.
As configured, the home provides a practical option for owner-occupancy or rental use within a straightforward two-unit layout.
The property is located in Chicopee with access noted to the Mass Pike and I-291, positioning it for convenient commuting.
As configured, the home provides a practical option for owner-occupancy or rental use within a straightforward two-unit layout.
Key Highlights
- Two‑family home built in 1926 in a desirable Chicopee area.
- Both units feature 2 bedrooms and 1 full bath.
- Second‑floor unit has received updates and is move‑in ready.
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 | $37.7k | $19.80 |
| − Vacancy | −$2.1k | −$1.09 |
| EGI | $35.6k | $18.71 |
| − OpEx | −$10.7k | −$5.61 |
| NOI | $24.9k | $13.10 |
1,904 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.3K
$311.7K – $415.6K
NOI $24,938 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$330.2K
$288.9K – $385.2K
NOI $23,111 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,143 @ 7.0% cap · market cap 27.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home with two 2-bedroom, 1-bath units, including updates in the second-floor unit.
Where is this duplex located?
The property is located at 20 Rathburn St Chicopee, MA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑family home built in 1926 in a desirable Chicopee area.; Both units feature 2 bedrooms and 1 full bath.; Second‑floor unit has received updates and is move‑in ready.
