Two-Family Duplex With Two-Car
92 Walter St Chicopee, MA 01013
92 Walter St, Chicopee, MA, 01013
$349,000
For Sale
$349,000
Two-family home delivered vacant, featuring a deck, enclosed front porch, and a two-car garage with off-street parking.
Property Size1,984 SF
Price / SF$175.91
Days on Market64
Property Features for 92 Walter St
General Information
- Standard status
- Active
- Size
- 1,984 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1925
Listing agency
Acuna Real Estate
(413) 739-5787
Listed by
The Acuna Group
Source
Brickandmortar
Added: May 19 Updated: Jul 21 at 12:18AM Checked: Jul 21 at 12:18AM
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 Acuna Real Estate
Investment Insights
Based on property information with market context.
This well-cared-for two-family duplex will be delivered vacant. The first floor includes a living room and dining room combination, an eat-in kitchen with recessed lighting and ample cabinet space, and a full bath with ceramic tile flooring and a linen closet. Natural wood floors run throughout the first level, and there is direct access to an outdoor deck overlooking a generously sized yard. A two-car garage and off-street parking are provided.
The second floor features an enclosed front porch, an eat-in kitchen with a double sink, vinyl flooring, pantry storage, and a comfortable living room with closet space. Washer/dryer hookups are available, and the home also offers updated windows and gas heat. Additional improvements include circuit breakers and a partially finished walk-out basement with a family room and bar area, along with separate washer/dryer hookups.
Conveniently located near major highways, this property can support either owner-occupied use or an investment strategy.
The second floor features an enclosed front porch, an eat-in kitchen with a double sink, vinyl flooring, pantry storage, and a comfortable living room with closet space. Washer/dryer hookups are available, and the home also offers updated windows and gas heat. Additional improvements include circuit breakers and a partially finished walk-out basement with a family room and bar area, along with separate washer/dryer hookups.
Conveniently located near major highways, this property can support either owner-occupied use or an investment strategy.
Key Highlights
- Two‑family home will be delivered vacant
- Year built 1925; updated windows and gas heat with circuit breakers
- First floor includes living/dining combo, eat‑in kitchen with recessed lighting, and a full bath with ceramic tile flooring
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 | $39.3k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $37.1k | $18.71 |
| − OpEx | −$11.1k | −$5.61 |
| NOI | $26.0k | $13.10 |
1,984 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.2K
$324.8K – $433.1K
NOI $25,986 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$344.0K
$301.0K – $401.4K
NOI $24,082 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,595 @ 7.0% cap · market cap 24.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home delivered vacant, featuring a deck, enclosed front porch, and a two-car garage with off-street parking.
Where is this duplex located?
The property is located at 92 Walter St Chicopee, MA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two‑family home will be delivered vacant; Year built 1925; updated windows and gas heat with circuit breakers; First floor includes living/dining combo, eat‑in kitchen with recessed lighting, and a full bath with ceramic tile flooring
