75 Wheatland Ave Chicopee, MA 01020
MULTI_FAMILY - Chicopee, MA
- Added:
- May 25, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 14 at 4:06 am
Property Features for 75 Wheatland Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res A
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Parking
- 8
- Standard status
- Pending
- APN
- 2498483
- Size
- 1,640 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4670
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
Listing agent Laura Stevens (413) 565-5478
Listing office Keller Williams Realty 300 Pleasant Street, Longmeadow, MA (413) 585-0022
Listing date May 25, 2026
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.
The property is located at 75 Wheatland Ave, Chicopee, MA 01020. There are no individual showings. Group showings are scheduled for 5/30/26 from 12:00 PM to 1:30 PM and 5/31/26 from 12:00 PM to 1:30 PM. An offers deadline is set for 06/03/2026 at 12:00 PM.
This duplex can fit investors or future owner-occupants looking to renovate and customize unit finishes and mechanicals, particularly for the second-floor unit. Financing is limited: the property is cash buyers only and will not qualify for FHA or VA financing. Buyers should plan for the required interior and heating work and account for the disposal of any remaining contents at closing.
Key Highlights
- Two‑family home on a corner lot with two 2‑bedroom units (one on first floor, one on second floor)
- New roof installed in 2023 and almost all windows replaced
- First‑floor unit has natural gas steam heat; second‑floor unit requires kitchen cabinets and appliances plus a new heating system
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 | $32.5k | $19.80 |
| − Vacancy | −$1.8k | −$1.09 |
| EGI | $30.7k | $18.71 |
| − OpEx | −$9.2k | −$5.61 |
| NOI | $21.5k | $13.10 |
