Side-by-Side Duplex
32 Chateaugay Street Chicopee, MA 01020
32 Chateaugay Street, Chicopee, MA, 01020
$399,900
Pending
For Sale
$399,900
Pending
Well-maintained side-by-side duplex with two updated heating systems, each unit with two bedrooms and a full basement.
Property Size2,040 SF
Days on Market85
Property Features for 32 Chateaugay Street
General Information
- Standard status
- Pending
- Size
- 2,040 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1940
Listing agency
Lock and Key Realty Inc.
(413) 282-8080
Listed by
Fallah Razzak · License #9525064
(413) 282-8080
Source
Compass
Added: Apr 29 Updated: Jul 21 at 1:55PM Checked: Jul 22 at 8:33AM
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 Lock and Key Realty Inc.
Investment Insights
Based on property information with market context.
This well-maintained side-by-side duplex offers two separate units, each featuring two bedrooms, a spacious living room, dining room, kitchen, and one full bathroom. Both units include their own separate basements, providing additional storage and flexibility. Recent updates include new heating systems, and the property also provides a good-sized yard for outdoor use.
The property is located in Chicopee, conveniently close to restaurants, shopping, and major highways, supporting practical day-to-day access for tenants and guests.
For owners and investors, the layout supports two independent living spaces under one roof, with individual basements and updated mechanicals.
The property is located in Chicopee, conveniently close to restaurants, shopping, and major highways, supporting practical day-to-day access for tenants and guests.
For owners and investors, the layout supports two independent living spaces under one roof, with individual basements and updated mechanicals.
Key Highlights
- Well‑maintained side‑by‑side duplex with 2 bedrooms and 1 full bathroom in each unit
- Each unit has its own full basement with interior access for extra storage
- Recent updates include new heating systems
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 | $40.4k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $38.2k | $18.71 |
| − OpEx | −$11.5k | −$5.61 |
| NOI | $26.7k | $13.10 |
2,040 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.7K
$334.0K – $445.3K
NOI $26,719 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$353.7K
$309.5K – $412.7K
NOI $24,762 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,010 @ 7.0% cap · market cap 22.01%
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 - Well-maintained side-by-side duplex with two updated heating systems, each unit with two bedrooms and a full basement.
Where is this duplex located?
The property is located at 32 Chateaugay Street Chicopee, MA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex with 2 bedrooms and 1 full bathroom in each unit; Each unit has its own full basement with interior access for extra storage; Recent updates include new heating systems
