
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood, French Doors
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Remodeled, Stainless Steel Appliances
Primary Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Remodeled
Listing Agent: Stephanie Salerno
Listing Office: Coldwell Banker Realty
MLS® Number: 73579594

