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32 Days on market

192 Empire St Chicopee — Photo 1 of 42

$359,000

Investment Analysis — 192 Empire St

Chicopee, MA 01013

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01013 carries an estimated $1,600/mo in gross rent — about a 2.78% cap rate and $9,970/yr in estimated NOI at the $359,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,438

Style

Single Family

Built

1985

Move-in ready with a brand-new roof installed August 2026, brand-new appliances, and a spacious primary bedroom with its own private en-suite bath! This beautifully renovated Chicopee ranch offers an impressive 1,438 sq. ft. of living space with 2 bedrooms and 2 full bathrooms, giving you more room than you might expect from a two-bedroom home. The bright, refreshed interior features refinished flooring, fresh paint, updated finishes, and a comfortable layout designed for easy living. The primary suite offers privacy and convenience with its own spacious full bath, making this home an amazing option for comfortable one-level living. The second full bathroom adds even more convenience for guests or everyday use. Outside, enjoy a fully fenced yard and refreshed deck, perfect for relaxing, entertaining, pets, or outdoor activities. Additional updates include a new hatchway installed in August 2026. With major updates already completed and plenty of living space, this home combines the ease of ranch-style living with room to truly settle in. Nothing left to do but move in and make it yours!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 719 sq ft (the lesser of 900 sq ft or half the 1,438 sq ft principal dwelling). Lot size: 8,861 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.