Fantastic investment or owner-occupant opportunity just minutes from the heart of Chicopee! This four-family property offers a great combination of immediate rental income and flexibility, with both first-floor units currently occupied and two beautifully renovated units on the top floor ready for new tenants or an owner occupant. The property also features an impressive four garage stalls, providing valuable additional parking, storage, and potential income opportunities. Conveniently located just up the street from Chicopee Center with easy access to area amenities, shopping, dining and major routes. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the others, 32–34 Pearl Street is one you won’t want to miss!
Multi-familyProperty Type
1880Year Built
8,000 sq ftLot Size
$164Price/Sq.Ft.
4 garage spacesParking
Listed by The Generation Group• Coldwell Banker Realty - Western MA
Listed by James Townsend Butterworth• Coldwell Banker Realty - Western MA
Chicopee Center, located between the Chicopee River and the Connecticut River, is a civic and historic Chicopee neighborhood with a classic downtown grid and mill-era brick architecture. The neighborhood’s character concentrates around Center Street at Springfield Street, where storefronts, cafés, and municipal buildings set a steady, daytime bustle. City Hall anchors the streetscape with formal civic presence, while the Chicopee Public Library adds a quieter, study-and-stroll rhythm. Nearby, the Polish Center of Discovery and Learning and the Chicopee Center Canalwalk bring local history into view along the old industrial corridor. Side streets mix triple-deckers and compact single-family homes, with pocket parks and river edges shaping the geography.
Provided by Walk Score and Local Logic
Offer insights
32-34 Pearl St · $629,900
$636K and above
75% chance or better to win
Why $636K+ is a strong offer
DAYS ON MARKET
33 days
The average home goes pending in 26 days.
SALE-TO-LIST
100.7%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Total of 17 rooms
Full basement
Bathrooms
4 full bathrooms
Heating & cooling
Electric heating
Exterior features
Paved drive
Public transportation, shopping, tennis courts, parks, walk/jog trails, medical facility, laundromat, bike path, highway access, house of worship, private and public schools, university nearby
Home design
4-family property
4 stories total
Building has 4 levels
Parking
4-car garage
4 covered parking spaces
6 open parking spaces
10 total parking spaces
Construction
Brick/mortar foundation
Built (year per public records)
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
DON'T MISS OUT ON THIS SPACIOUS 4 UNIT INVESTMENT PROPERTY FEATURING 14 ROOMS, 8 BEDROOMS AND 4 BATHROOMS. DETACHED GARAGE WITH PLENTY OF PARKING AND CLOSE TO AREA AMENITIES WITH EASY HIGHWAY ACCESS. COME CHECK IT OUT. BUYER TO VERIFY ALL INFO AND USE. Multiple Offer Deadline – Oct 02, 2017, 08:41:00 PM (EDT)
Public Records
Nov 2, 2001
Sold
$129,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,506 (+3.5%)
$56,700 + $174,700
$231,400
2022
$3,388 (−11.5%)
$49,400 + $150,000
$199,400
2021
$3,828 (+5.7%)
$44,900 + $172,500
$217,400
2020
$3,623 (+0.4%)
$44,900 + $162,600
$207,500
2019
$3,610 (+2.6%)
$44,900 + $156,100
$201,000
2018
$3,519 (+5.1%)
$42,700 + $149,500
$192,200
2017
$3,349 (−1.1%)
$46,300 + $147,200
$193,500
2016
$3,387 (−3.6%)
$46,300 + $154,000
$200,300
2015
$3,513 (+6.2%)
$46,300 + $154,000
$200,300
2014
$3,307 (+9.1%)
$46,300 + $154,000
$200,300
2013
$3,032 (+5.4%)
$51,200 + $141,400
$192,600
2012
$2,876 (+1.8%)
$51,200 + $141,400
$192,600
2011
$2,824
$51,200 + $141,400
$192,600
Public record
Beds
9
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,844
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,844
Year built
1880
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2498202
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
5/10 Wind Factor
22% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Chicopee, MA • 01013
Average low and high temperatures (°F)
32
18
35
19
52
31
63
41
71
50
83
61
87
66
83
59
78
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Chicopee. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 32-34 Pearl St
$626,988
$2,912 under list price of $630K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $390K to $515K.