A
Seller's Agent in 2026
Alan Tabin
B & B Real Estate
(413) 535-1001
1 in this area
35 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
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Doors
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2025
Closed on
Jan 13, 2026
Sold by
Bought by
Seller's Agent
Alan Tabin
B & B Real Estate
Buyer's Agent
The Golden Key Team
RE/MAX IGNITE
List Price
$489,000
Sold Price
$440,000
Premium/Discount to List
-$49,000
-10.02%
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963
Avg. Annual Appreciation
1.04%
Original Mortgage
$418,000
Outstanding Balance
$415,985
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$25,978
Purchase Details
Closed on
Oct 31, 2003
Sold by
Bought by
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
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $440,000 | -- | |
| Deed | $171,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,000 | New Conventional | |
| Previous Owner | $119,700 | Purchase Money Mortgage |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
41 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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