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549 Chicopee St Chicopee — Photo 1 of 28

549 Chicopee St Chicopee — Photo 1 of 28

$299,000

Investment Analysis — 549 Chicopee St

Chicopee, MA 01013

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01013 carries an estimated $1,960/mo in gross rent — about a 4.73% cap rate and $14,135/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,248

Style

Single Family

Built

1929

Fully remodeled inside and out, this three-bedroom home on a corner lot at 549 Chicopee Street in Chicopee, MA blends timeless character with beautifully updated spaces throughout. Gleaming hardwood floors, arched doorways, and thoughtful details give the home a warmth and personality all its own. Step inside through the mudroom and into the remodeled kitchen, featuring new stainless-steel appliances, quartz countertops, and a built-in coffee bar. The dining and living rooms flow into one another through wide arched openings, creating a connected main level that works just as well for entertaining as it does for everyday living. French doors lead to an enclosed porch, offering a cozy spot to enjoy your morning coffee or unwind at the end of the day. Upstairs, you’ll find three spacious bedrooms and a fully renovated full bath. Outside, the fenced corner lot offers plenty of space to enjoy the yard. Additional features include a one-car garage with a new garage door, maintenance-free vinyl siding, a new roof, and new windows. With the major updates already complete, all that’s left to do is move in and enjoy. Schedule your showing today!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 624 sq ft (the lesser of 900 sq ft or half the 1,248 sq ft principal dwelling). Lot size: 7,146 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$299,000
Annual Taxes$3,740

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Vinyl
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
Zoning5

Property & Lot

Acres0.16
SqFt Lot7,146
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchen
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood, French Doors

Kitchen
Lvl First

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Remodeled, Stainless Steel Appliances

Primary Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Remodeled

Listing Provided By

Listing Agent: Stephanie Salerno

Listing Office: Coldwell Banker Realty

MLS® Number: 73579594