CCertihomes
578 Springfield St, Chicopee, MA 01013

$465,000

4 beds 2 baths 1,793 sqft Built 19126 days on marketActive

About this home

Fabulous opportunity to own a unique commercial/residential property consisting of a two-family home AND a heated three bay garage (currently operating as an auto sales/repair shop that will be VACANT @ closing). Home has two units that will be VACANT at closing. Each unit offers two bedrooms, eat-in kitchen, living room, large closets and enclosed porch/balcony. 1st floor unit also offers a separate room that can be used as an office, game room or home schooling! Per owner, most knob and tube was removed; hot water tanks approx. 3 & 5 years old. Close to Elms College and Baystate Hospital, this is an investment opportunity in an area with high rental demand. The three bay garage is heated and offers two office areas and a bathroom. The garage is heated by a new high efficiency, overhead natural gas-powered heating unit. The building’s roof was raised to 14’ and replaced (2018).This property offers many possibilities! Schedule a showing today, bring your ideas and see the opportunity

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,507/mo

Real estate (PITI + HOA + PMI)
$4,235
Principal + interest$2,999
Property tax + insurance$1,062
PMI / 2nd mortgage$174
Utilities
$477
Heating + cooling$93
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$125
$4,507/mo TLC
Budget$5,007/mo
Remaining after TLC$500/mo
Purchase price
$465,000
Down payment
$23,250 (5%)
Loan amount
$441,750
APR
7.2%

Quick facts

Type
2 Family - 2 Units Up/Down
Style
Year built
1912
Lot size
0.13 ac
Stories
3
Heating
Hot Water, Natural Gas
Cooling
Water
Public
HOA
Annual tax
$6,870
MLS #
73215483
County
Hampden

At a glance

Basement
Balcony

Home features

Appliances
RangeRefrigerator
Interior
Laundry RoomBathroom With Tub & ShowerLiving RoomKitchenOffice/Den
Exterior
Balcony/DeckRain Gutters
Parking
Off Street
Flooring
Vinyl, Carpet, Laminate
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Neighborhood — 01013

MetricThis ZIPCountyUSA
Population26,5516,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density4,112786
Male12,6463,127,134147,432,321
Female13,9053,317,797151,655,844
Never Married6,5361,612,88563,775,926
Married9,5702,586,314123,120,365
Separated1,022247,85712,639,686
Widowed1,914363,59415,467,586
Divorced2,673436,88823,075,029
Number Of House Hold11,0002,431,591111,826,380
Average House Hold Size2.372.562.60
Medial Age36.6237.2535.46
Median House Hold Income$37,401$57,698$48,276
Average House Hold Income$43,838$75,023$63,629
P C I$18,449$29,196$24,529
M D I$32,861$48,105$41,133
A T H E$40,089$57,083$50,898
S T R5.00%5.00%
W C J77.45%81.38%77.74%
(Zip) Code
1013

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 3/22/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.