583 Chicopee St, Chicopee, MA, 01013
About This Home
This well-maintained four-family property is an exceptional addition to any investment portfolio or the perfect opportunity for an owner-occupant. Featuring four income-producing units, with the highly desirable second-floor unit to be delivered vacant at closing, this property offers immediate flexibility to set your own market rent or move in while generating income from the remaining units. Conveniently located near shopping, restaurants, parks, major highways, and public transportation, tenants will appreciate the property’s central location. Whether you’re looking to expand your portfolio or secure a multi-family with strong income potential, this is an opportunity you won’t want to miss. Showings start at Open House Sunday July 19 from 1-3pm.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Block
- Roof: Rubber
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: 4 Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Living Room,Kitchen
- Flooring: Hardwood
- Finished area above ground: 3,126
Heating
- Heating features: Natural Gas,Electric
Interior Area
- Total structure area: 3,126
- Total interior livable area: 3,126 sqft
Property
Details
- Parcel number: M:0527 B:00063 L:0000,2509294
- Zoning: 5
Features
- Patio & porch: Deck
Lot
- Lot size: 7,500 sqft
- Features: Level
Parking
- Total spaces: 8
- Parking features: Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,780 | $33,360 |
| Home Insurance * | $280 | $3,360 |
| Property Taxes | $692 | $8,304 |
| Electricity | $616 | $7,397 |
| Total | $4,368 | $52,416 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Price change | $549,900 |
| 2026-07-15 | Listed for sale | $599,900 |
| 2017-08-25 | Sold | $220,000 |
| 2017-06-30 | Pending sale | $199,900 |
| 2017-06-22 | Listed for sale | $199,900 |
| 2016-09-30 | Listing removed | $179,900 |
| 2016-09-23 | Pending sale | $179,900 |
| 2016-08-12 | Price change | $179,900 |
| 2016-08-06 | Price change | $184,900 |
| 2016-07-30 | Price change | $189,900 |
| 2016-07-23 | Price change | $199,900 |
| 2016-05-27 | Price change | $209,900 |
| 2016-05-08 | Price change | $219,900 |
| 2016-04-30 | Price change | $225,000 |
| 2016-04-19 | Price change | $229,000 |
| 2016-04-13 | Listed for sale | $235,000 |
| 2016-01-01 | Listing removed | $235,000 |
| 2015-10-20 | Price change | $235,000 |
| 2015-10-09 | Price change | $239,900 |
| 2015-10-04 | Listed for sale | $249,900 |
| 2005-08-25 | Sold | $150,000 |
| 2002-10-01 | Sold | $120,000 |
| 1991-04-04 | Sold | $131,000 |
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