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Triplex With Separate Beauty Salon
For Sale
$395,000

884 Chicopee Street, Chicopee, MA 01013

Three residential units accompany a separate beauty salon and two-car garage, with current rents across the residential property.

Property Size3,249 SF
Price / SF$121.58
Days on Market1426

Property Features for 884 Chicopee Street

General Information

Standard status Active
Size 3,249 SF
Total Parking Spaces 2
Property subtype Multi-family / 3 Family - 3 Units Up/Down
Net Operating Income $38,930

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,416

Amenities

Wood, Vinyl, Carpet, Varies Per Unit
Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Oil Water Heater, Gas Water Heater, Water Heater(Varies Per Unit), Utility Connections Varies per Unit
No
4.0
Insulated Windows
Washer Hookup, Unit 2 Laundry Room
Full, Interior Access, Concrete Floor
Unit 1(Bathroom With Tub), Unit 2(Pantry), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Other (See Remarks))
3
1
3.50
4
Frame
Shingle
Level
Varies per Unit, Porch - Enclosed
Enclosed

Building Details

Year Built 1912
Listing Agency: HB Real Estate, LLC
Listed By: Dianne Schmidt · License #54795
Source: Compass
Added: Oct 5, 2022 Changed: Aug 30 Last Checked: Aug 30 at 2:19AM

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 HB Real Estate, LLC

Investment Insights

Based on property information with market context.

This 3,249-square-foot triplex was built in 1912 and includes three residential units, a two-car garage, and a separate 525-foot beauty salon. Unit features vary, with ranges and refrigerators identified in Units 2 and 3, along with a laundry room serving Unit 2 and washer hookups. The property also includes a full interior-access basement with a concrete floor, insulated windows, and enclosed porch areas.

Located at 884 Chicopee Street in Chicopee, Massachusetts, the property combines residential income space with an operating salon component. Current rents are reported for the residential units. The salon configuration prevents FHA financing, as stated in the property information.

Key Highlights

  • Three‑family property with a separate 525‑foot beauty salon
  • 3,249 square feet of property size
  • Two‑car garage included

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

401
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units accompany a separate beauty salon and two-car garage, with current rents across the residential property.
Where is this triplex located?
The property is located at 884 Chicopee Street Chicopee, MA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑family property with a separate 525‑foot beauty salon; 3,249 square feet of property size; Two‑car garage included
More about this property
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