NEW 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.
For sale
Price cut: $29.5K (10/31)
$459,500
83 Madison St, Chicopee, MA 01020
7beds
3,414sqft
Est.:
3 Family
Built in 1900
-- sqft lot
$447,500 Zestimate®
$135/sqft
$-- HOA
What's special
New roofSpacious layouts
- 61 days |
- 638 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 03:13am
Listed by:
Alan Tabin 413-427-9591,
B & B Real Estate 413-535-1001
Source: MLS PIN,MLS#: 73440085
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Features
- Living Room, Dining Room, Kitchen
- Doors: Insulated Doors, Storm Door(s)
- Windows: Insulated Windows, Screens
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,414
- Total interior livable area: 3,414 sqft
- Finished area above ground: 3,414
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, On Street, Driveway
- Uncovered spaces: 2
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
- Fencing: Fenced/Enclosed,Fenced
Lot
- Size: 5,200 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: M:0085 P:00059,2498570
- Zoning: 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Other
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Chicopee
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $344,800
- Annual tax amount: $5,227
- Date on market: 10/21/2025
- Total actual rent: 3250
Estimated market value
$447,500
$425,000 - $470,000
$1,978/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Price change | $459,500-6%$135/sqft |
Source: MLS PIN #73440085 Report a problem | ||
| 10/6/2025 | Listed for sale | $489,000+186%$143/sqft |
Source: MLS PIN #73440085 Report a problem | ||
| 10/31/2003 | Sold | $171,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,227 +8% | $344,800 +5.1% |
| 2024 | $4,841 +8.3% | $328,000 +11.1% |
| 2023 | $4,472 +1% | $295,200 +13.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,922/mo
Principal & interest
$2210
Property taxes
$551
Home insurance
$161
Climate risks
Neighborhood: 01020
Nearby schools
GreatSchools rating
- NABelcher Elementary SchoolGrades: PK-2Distance: 1 mi
- 3/10Bellamy Middle SchoolGrades: 6-8Distance: 2.8 mi
- 2/10Chicopee High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Belcher Elementary School
- Middle: Bellamy Middle School
- High: Chicopee High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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