A
Seller's Agent in 2026
Alan Tabin
B & B Real Estate
(413) 535-1001
1 in this area
31 Total Sales
83 Madison St Chicopee, MA 01020
Chicopee Falls Neighborhood
7
Beds
3
Baths
3,414
Sq Ft
5,200
Sq Ft Lot
Highlights
- Medical Services
- Porch
- Park
- Property is near public transit and schools
- Living Room
- 4-minute walk to Lincoln Park
About This Home
As of January 2026NEW PRICE !!! Same Amazing Opportunity!!! Turn-key income producing 3 Family in a high-demand rental area near parks, schools, major highways, public transit, and everyday amenities. This well-maintained three-family property features numerous upgrades including a NEW roof and NEW state-of-the-art HVAC system, providing energy efficiency and long-term value.Each unit offers spacious layouts with excellent rental appeal. Ideal for multi-generational living, investors or owner-occupants seeking strong rental income with minimal maintenance. Fully rented, strong cash flow, portfolio expansion and versatile opportunities . Low maintenance with major systems already upgraded. Current rents are well below market levels.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,227
Year Built
- Built in 1900
Lot Details
- 5,200 Sq Ft Lot
- Fenced
Home Design
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,414 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Window Screens
- Insulated Doors
- Living Room
- Dining Room
- Storm Doors
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Driveway
- On-Street Parking
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Shed
- Rain Gutters
- Porch
Schools
- Belcher Elementary School
- Bellamy Middle School
- Chicopee High School
Utilities
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $3,250
- Rent includes unit 1(heat gas water), unit 2(heat gas water), unit 3(heat gas water)
- Assessor Parcel Number M:0085 P:00059,2498570
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 3 Units
- Net Operating Income $39,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2003
Sold by
Poulin Aline and Poulin Leo
Bought by
Mcnamara Patrick R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Outstanding Balance
$55,245
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$389,165
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $171,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $119,700 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Sold | $440,000 | -4.2% | $129 / Sq Ft |
| 01/08/2026 01/08/26 | Pending | -- | -- | -- |
| 10/31/2025 10/31/25 | Price Changed | $459,500 | -6.0% | $135 / Sq Ft |
| 10/06/2025 10/06/25 | For Sale | $489,000 | -- | $143 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,227 | $344,800 | $69,600 | $275,200 |
| 2024 | $4,841 | $328,000 | $68,300 | $259,700 |
| 2023 | $4,472 | $295,200 | $62,100 | $233,100 |
| 2022 | $4,426 | $260,500 | $54,000 | $206,500 |
| 2021 | $3,440 | $235,100 | $46,300 | $188,800 |
| 2020 | $3,860 | $221,100 | $46,300 | $174,800 |
| 2019 | $3,813 | $212,300 | $46,300 | $166,000 |
| 2018 | $3,726 | $203,500 | $44,100 | $159,400 |
| 2017 | $3,334 | $192,600 | $41,200 | $151,400 |
| 2016 | $3,243 | $191,800 | $41,200 | $150,600 |
| 2015 | $3,020 | $172,200 | $41,200 | $131,000 |
| 2014 | $2,843 | $172,200 | $41,200 | $131,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Tabin
-
The Golden Key Team
T
Buyer's Agent in 2026
The Golden Key Team
RE/MAX
2 in this area
39 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73440085
APN: CHIC-000085-000000-000059
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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