
37 Howard St Chicopee — Photo 1 of 39
Beds
3
Baths
3
SqFt
2,046
Style
3 Family
Built
1900
Prime location just minutes from Elms College in Chicopee and approximately 7 minutes from Baystate Medical Center. This well-positioned three-family property offers an excellent opportunity for investors or owner-occupants seeking strong rental potential, particularly for college housing. Each unit features washer and dryer hookups, separate utilities, and off-street parking. A new roof has been installed, adding peace of mind for the next owner. The first-floor tenant is currently paying below-market rent with a month-to-month lease and would like to remain in the property, providing an opportunity for a new owner to review the existing rental arrangement and potentially increase rental income. The two additional units will be delivered vacant, offering flexibility to establish new leases at market rents and maximize the property's income potential. A great opportunity to add a well-located multifamily property to your portfolio!
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Chicopee, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship
Geography
Population
23,284
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$60K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Hampden County
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Sullymar Andujar
Listing Office: Gallagher Real Estate
MLS® Number: 73574718
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