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.
Sold for $440,000
$440,000
83 Madison St, Chicopee, MA 01020
7beds
3,414sqft
3 Family
Built in 1900
-- sqft lot
$456,200 Zestimate®
$129/sqft
$1,830 Estimated rent
Home value
$456,200
$424,000 - $488,000
$1,830/mo
Zestimate® history
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$2,888/mo
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Zillow last checked:
Listing updated:
Listed by:
Alan Tabin 413-427-9591,
B & B Real Estate 413-535-1001
Bought with:
The Golden Key Team
RE/MAX IGNITE
Source: MLS PIN,MLS#: 73440085
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: $129/sqft
- Tax assessed value: $344,800
- Annual tax amount: $5,227
- Date on market: 10/25/2025
- Total actual rent: 3250
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $440,000-4.2%$129/sqft |
Source: MLS PIN #73440085 Report a problem | ||
| 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
| 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% |
| 2022 | $4,426 +6.9% | $260,500 +10.8% |
| 2021 | $4,140 +7.3% | $235,100 +6.3% |
| 2020 | $3,860 +1.2% | $221,100 +4.1% |
| 2019 | $3,813 +2.3% | $212,300 +4.3% |
| 2018 | $3,726 +11.8% | $203,500 +5.7% |
| 2017 | $3,334 +2.8% | $192,600 +0.4% |
| 2016 | $3,243 +7.4% | $191,800 +11.4% |
| 2015 | $3,020 +6.2% | $172,200 |
| 2014 | $2,843 -2.7% | $172,200 -7.3% |
| 2013 | $2,923 -2.4% | $185,700 -7.4% |
| 2012 | $2,995 +1.8% | $200,600 |
| 2011 | $2,941 +8.2% | $200,600 +0.6% |
| 2010 | $2,718 -7.2% | $199,400 -10.1% |
| 2009 | $2,928 +8.1% | $221,800 +1.2% |
| 2008 | $2,709 -3.3% | $219,200 -0.1% |
| 2007 | $2,801 +15.6% | $219,500 +18.6% |
| 2006 | $2,423 +2.1% | $185,100 +6.4% |
| 2005 | $2,373 +25.2% | $174,000 +60.1% |
| 2004 | $1,895 +2.9% | $108,700 |
| 2003 | $1,841 +18% | $108,700 +16% |
| 2000 | $1,560 | $93,700 |
Find assessor info on the county website
Neighborhood: 01020
Nearby homes
- $281,4002 bd1 ba-- sqft85 Madison St, Chicopee, MA 01020Off Market
- $380,5005 bd2 ba2.6k sqft87 Madison St, Chicopee, MA 01020Off Market
- $444,6006 bd3 ba3.1k sqft79 Madison St, Chicopee, MA 01020Off Market
- $495,0006 bd3 ba2.7k sqft75-77 Madison St, Chicopee, MA 01020Sold
- $495,0007 bd3 ba2.7k sqft75 Madison St, Chicopee, MA 01020Sold
- $422,2008 bd2 ba2.8k sqft82 Madison St, Chicopee, MA 01020Off Market
- $--6 bd1 ba-- sqft84 Madison St, Chicopee, MA 01020Off Market
- $432,9007 bd3 ba3k sqft86 Madison St, Chicopee, MA 01020Off Market
Nearby schools
GreatSchools rating
- NABelcher Elementary SchoolGrades: PK-2Distance: 1 mi
- 4/10Bellamy Middle SchoolGrades: 6-8Distance: 2.9 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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$456,200
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$465,324
- Massachusetts
- Hampden County
- Chicopee
- 01020
- 83 Madison St
Nearby cities
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Other Chicopee Topics
