Updated Two-Family
For Sale
$420,000
69 Bonner St, Chicopee, MA 01013
Residential Income, Chicopee, MA
Property Size2,138 SF
Lot Size0.11 Acres
Price / SF$196.45
Days on Market94
Property Features for 69 Bonner St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
5
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4
Parking
6
Directions
USE GPS
Standard status
Active
APN
M:0470 B:00015 L:0000,2508102
Size
2,138 SF
Lot size
0.11 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3999
Amenities
fenced yard
storage shed
washer/dryer hookups
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX IGNITE · RE/MAX International
(413) 391-7928
Listed By:
Daisy Sanchez
(413) 221-8070
Added: Jul 28
Changed: Oct 26
Last Checked: Oct 29 at 6:06AM
MLS# 73555693
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1920 duplex contains two residential units within 2,138 square feet. The first-floor apartment has an open living and dining area, an eat-in kitchen, full bathroom, and spacious bedrooms. The upper unit includes a formal dining room, kitchen, living room, full bathroom, and generously sized bedrooms. The first-floor unit is currently occupied.
Separate electrical panels and boilers serve the units, while distinct basement areas provide laundry and storage space. Washer and electric dryer hookups are available for tenants. Property improvements include vinyl siding, replacement windows, heating-system and electrical updates, and a recently painted front porch. A Rheem hot water tank serving the first floor was replaced approximately in 2025. The 0.1148-acre lot also includes a large driveway, fenced yard, and storage shed in Chicopee, Massachusetts.
Separate electrical panels and boilers serve the units, while distinct basement areas provide laundry and storage space. Washer and electric dryer hookups are available for tenants. Property improvements include vinyl siding, replacement windows, heating-system and electrical updates, and a recently painted front porch. A Rheem hot water tank serving the first floor was replaced approximately in 2025. The 0.1148-acre lot also includes a large driveway, fenced yard, and storage shed in Chicopee, Massachusetts.
Key Highlights
- Two‑unit duplex totaling 2,138 square feet
- First‑floor unit currently occupied
- Separate electrical panels and two boilers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,003
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,060
$560.1K
Cap Rate 7%
$400,043
$400.0K
Cap Rate 9%
$311,144
$311.1K
Market Conditions
NOI Build-Up for 2,138 SF
Gross rent
$42.3K $19.80/SF
− Vacancy
−$2.3K −$1.09/SF
EGI
$40.0K $18.71/SF
− OpEx
−$12.0K −$5.61/SF
NOI
$28.0K $13.10/SF
Area
Hampden County, MA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,060
Cap Rate 7%
$400,043
Cap Rate 9%
$311,144
Alternative Uses
Best Use
Multifamily LT 5
$400.0K
$350.0K – $466.7K
NOI $28,003 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$370.7K
$324.4K – $432.5K
NOI $25,951 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,238 @ 7.0% cap · market cap 21.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units with separate utilities, basement storage, off-street parking, and a fenced yard.
Where is this duplex located?
The property is located at 69 Bonner St Chicopee, MA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,138 square feet; First‑floor unit currently occupied; Separate electrical panels and two boilers
