CCertihomes
578 Springfield St, Chicopee, MA 01013

$465,000

0 beds 0 baths Built 1928Active

About this home

Fabulous opportunity to own a unique commercial/residential property consisting of a heated three bay garage (currently operating as an auto sales/repair shop that will be VACANT @ closing) AND a two-family home. The three bay garage offers two office areas and a bathroom - and is heated by a new high efficiency, overhead natural gas-powered heating unit. The building’s roof was raised to 14’ and replaced (2018). The multi-family home offers two units that will be VACANT at closing. Each unit offers two bedrooms, eat-in kitchen, living room and large closets. First floor unit also offers a separate room that can be used for 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 a great investment opportunity in an area with high rental demand. This property offers so many possibilities! Schedule your 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
$4,930/mo

Real estate (PITI + HOA + PMI)
$4,533
Principal + interest$2,999
Property tax + insurance$1,360
PMI / 2nd mortgage$174
Utilities
$727
Heating + cooling$218
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$125
$4,930/mo TLC
Budget$5,430/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
COM
Style
Year built
1928
Lot size
0.13 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$6,870
MLS #
73215487
County
Hampden

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.