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Two-Family Home with Off-Street Parking
New
For Sale
$450,000

69 Bonner St, Chicopee, MA 01013

MULTI_FAMILY - Chicopee, MA

Property Size2,138 SF
Lot Size0.11 Acres
Price / SF$210.48
Days on Market3

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 Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
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

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3999

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Listing Agency: RE/MAX IGNITE · RE/MAX International
Listed By: Daisy Sanchez · License #9523217
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 30 at 5:06PM
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.

Investment Insights

Based on property information with market context.

This well-maintained two-family home offers a practical layout for both investment and owner-occupant use. Each unit includes a combined living and dining area, a large eat-in kitchen, a full bathroom, and generously sized bedrooms. The basement provides separate laundry and storage areas for each unit, supporting day-to-day functionality and unit separation. A large driveway provides ample off-street parking.

The property is located at 69 Bonner St in Chicopee, MA (Hampden County). The listing notes that the second-floor unit is being delivered vacant.

The home sits on a 0.1148-acre lot and totals 2,138 square feet. Zoning is identified as “5” in the provided information.

Key Highlights

  • Two‑family home built in 1920 with two full bathrooms and 4 bedrooms plus a separate bedroom 1 and bedroom 2 layout across units
  • Second‑floor unit is delivered vacant
  • Each unit includes combined living and dining areas, large eat‑in kitchens, full bathrooms, and generously sized bedrooms

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 $42.3k $19.80
− Vacancy −$2.3k −$1.09
EGI $40.0k $18.71
− OpEx −$12.0k −$5.61
NOI $28.0k $13.10
2,138 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$400.0K
$350.0K – $466.7K (±1% cap)
NOI $28,003 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$370.7K
$324.4K – $432.5K (±1% cap)
NOI $25,951 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,238 @ 7.0% cap · market cap 20.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Hair Salon Daycare Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residence with an eat-in kitchen, full baths, and basement laundry/storage for each unit plus a large driveway.
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 $450,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with two full bathrooms and 4 bedrooms plus a separate bedroom 1 and bedroom 2 layout across units; Second‑floor unit is delivered vacant; Each unit includes combined living and dining areas, large eat‑in kitchens, full bathrooms, and generously sized bedrooms
More about this property
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