88 Prospect St Chicopee, MA 01013
Fairview NeighborhoodEstimated payment $2,104/month
About This Home
This turn-key multifamily property features two fully vacant, updated units—ideal for investors or owner-occupants. The first-floor unit offers a spacious 3-bedroom layout, while the second-floor unit includes a well-appointed 1-bedroom residence. Both units have been tastefully updated with brand-new kitchens and offer bright, open living spaces throughout. Electric heat in both units provides efficient, separate utilities. The property also boasts ample off-street parking, adding convenience for residents and guests. With no immediate work needed, this is a true move-in-ready opportunity with strong rental or owner-occupied potential. A rare chance to own a vacant, updated multifamily with flexibility and income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,231
Year Built
- Built in 1920
Lot Details
- 7,067 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,877 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- 4 Open Parking Spaces
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number M:0627 P:00056,2511096
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,231 | $279,100 | $64,800 | $214,300 |
| 2024 | $3,998 | $270,900 | $63,500 | $207,400 |
| 2023 | $3,734 | $246,500 | $57,800 | $188,700 |
| 2022 | $3,124 | $183,900 | $50,200 | $133,700 |
| 2021 | $2,964 | $168,300 | $45,700 | $122,600 |
| 2020 | $2,794 | $160,000 | $45,700 | $114,300 |
| 2019 | $2,726 | $151,800 | $45,700 | $106,100 |
| 2018 | $2,664 | $145,500 | $43,500 | $102,000 |
| 2017 | $2,240 | $129,400 | $44,600 | $84,800 |
| 2016 | $2,136 | $126,300 | $44,600 | $81,700 |
| 2015 | $2,189 | $124,800 | $44,600 | $80,200 |
| 2014 | $1,149 | $124,800 | $44,600 | $80,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2026 01/16/26 | Pending | -- | -- | -- | |
| 01/13/2026 01/13/26 | For Sale | $339,900 | +48.1% | $181 / Sq Ft | |
| 08/20/2025 08/20/25 | Sold | $229,500 | -4.4% | $65 / Sq Ft | View Prior Sale |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- | |
| 07/04/2025 07/04/25 | For Sale | $240,000 | +4.6% | $68 / Sq Ft | |
| 07/02/2025 07/02/25 | Off Market | $229,500 | -- | -- | |
| 07/02/2025 07/02/25 | Price Changed | $240,000 | -4.0% | $68 / Sq Ft | |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- | |
| 05/14/2025 05/14/25 | Price Changed | $250,000 | -3.8% | $71 / Sq Ft | |
| 04/01/2025 04/01/25 | For Sale | $260,000 | +56.6% | $74 / Sq Ft | |
| 05/02/2022 05/02/22 | Sold | $166,000 | -27.5% | $91 / Sq Ft | View Prior Sale |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- | |
| 02/23/2022 02/23/22 | For Sale | -- | -- | -- | |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- | |
| 11/24/2021 11/24/21 | For Sale | $229,000 | -- | $125 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $229,500 | -- | |
| Deed | $229,500 | -- | |
| Foreclosure Deed | $238,900 | None Available | |
| Foreclosure Deed | $238,900 | None Available | |
| Foreclosure Deed | $238,900 | None Available | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $203,084 | -- | |
| Foreclosure Deed | $203,084 | -- | |
| Foreclosure Deed | $203,084 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $114,500 | -- | |
| Deed | $114,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,025 | Purchase Money Mortgage | |
| Closed | $237,025 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $144,637 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73467947
APN: CHIC-000627-000000-000056
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