26 Fairmont Street Chicopee — Photo 1 of 38
$199,900
Investment Analysis — 26 Fairmont Street
Chicopee, MA 01013
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01013 carries an estimated $1,960/mo in gross rent — about a 6.87% cap rate and $13,742/yr in estimated NOI at the $199,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,503
Style
Single Family
Built
1920
IF THESE WALLS COULD TALK - The history in this house! Do YOU remember this place when it was a variety store? Original wide-board trim and wood flooring! Untouched by Tasteless Renovations - NOW IS YOUR OP-YOUR-TU-NI-TY to bring this well constructed BUNGALOW back to life! ITS A CLEAN SLATE FOR YOUR IDEAS!! Lots of Character in this home thats ready for #Renovations Front and back covered porches! One level living! Pantry is the pass thru for the first floor HUGE Family Room Addition - but endless possibilities. Walk up Attic offering endless possibilities! Basement is great for a man-cave, workspace, or extra storage! NEW ROOF 2025 Newer OVERSIZED TWO CAR GARAGE w/oversized garage doors! Recently cleared (double) lot (APO) has endless gardening/greenspace opportunities! Home retains a lot of its original features! Bring your toolbox and Reap the Rewards! Quick Close Possible! Stop on Buy! Check it Out! & Lets Make a Deal?! Moments to Rte 391 - retail, banks, restaurants, & so much more! YOUR NEXT #WinterProject HAS PRESENTED ITSELF!! Are You Ready for Your New Beginnings?
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: 752 sq ft (the lesser of 900 sq ft or half the 1,503 sq ft principal dwelling). Lot size: 10,557 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Private School
Geography
Listing Agent: Valerie Laplante
Listing Office: Skinner Real Estate Services
MLS® Number: 73578146