Listing Agency: Gallagher Real Estate

Listed By: Paul Gallagher · License #CT REB.0790100 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 13 Last Checked: Sep 6 at 4:05PM

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Investment Insights

Based on property information with market context.

This nine-unit multifamily building features seven three-bedroom apartments and two two-bedroom apartments. The property is fully rented, providing immediate income potential.

Located at 48 West St in Chicopee, MA, the building is described as being close to shopping and major highways.

The unit mix is designed to serve different household sizes, combining larger three-bedroom layouts with two-bedroom options within a single income-producing property.

Key Highlights

• 9‑unit apartment investment with 7 three‑bedroom units and 2 two‑bedroom units
• All 9 units are fully rented

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Accounting Firm Garden Center Storage Facility Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9

Residential units

Location Intelligence

Trade Area within ½ mile

802

Businesses Nearby

Explore this area Business Placement

Demographics for 01013, MA

23,656

Population

10,309

Households

2.3

Avg Household Size

38

Median Age

23%

College-Educated

87%

High-School Grad

5.7 sq mi

ZIP Area

4,150

Density / Sq Mi

$64,039

Median Household Income

$45,268

Median Earnings

$1,005

Median Rent

$249,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Nine fully rented apartments consisting of seven three-bedroom units and two two-bedroom units.

Where is this apartment building located?

The property is located at 48 West St Chicopee, MA.

What are key features of this property?

This property features: 9‑unit apartment investment with 7 three‑bedroom units and 2 two‑bedroom units; All 9 units are fully rented