485 East Street, Chicopee, MA 01020

What sets 485 East Street apart for investors and owner-occupants alike is its uncommon combination of practical amenities and classic detail — most notably an attached two-car garage that’s seldom found on local two-family homes. This 1920-built duplex delivers approximately 2,240 square feet of living area across two stories, with four bedrooms, two full baths, and original hardwood floors that thread through much of the interior.

Both units reflect a solid, well-maintained condition: hardwood floors, a full unfinished basement for storage or a future value-add project, and an asphalt-shingle roof. The property is heated by oil (an item for buyers to evaluate), the mechanicals are serviceable for current occupancy, and municipal water and sewer keep daily maintenance straightforward. The building sits on a level 4,961 sq ft lot with standard driveway access off East Street.

Currently tenant-occupied, 485 East Street functions as an immediate income-producing asset. Local rental comps and an income approach estimate monthly rent around $2,200, supporting a compelling case for continued cash flow or an owner-occupied scenario where one unit can subsidize mortgage costs. Recent comparable sales within a half-mile put market value in the $320,000–$360,000 range, suggesting upside relative to the 2024 assessed value of $264,500.

Location is practical and neighborhood-focused: Chicopee Comprehensive High School sits half a mile away, the public library and community resources are a short drive, and Szot Park is within easy reach for weekend activity. Baystate Medical Center and Holyoke Mall are convenient regional anchors under a 10–15 minute drive, broadening appeal to renters and buyers who value access to employment centers and regional shopping.

This property is best suited to a buyer who values steady rental demand and a straightforward renovation plan. Recommended next steps include a thorough inspection to evaluate the oil heating system and aging infrastructure, and a review of tenant leases for occupancy timing. With limited local inventory and steady appreciation in Chicopee, 485 East Street offers an actionable investment with room to optimize rent and value through targeted updates.

East Street in Chicopee offers a practical, community-oriented lifestyle with easy access to schools, parks, and regional shopping. The neighborhood mixes residential blocks with neighborhood commercial amenities along the corridor, making everyday errands straightforward. Families appreciate proximity to Chicopee Comprehensive High School and local elementary and middle schools, while professionals benefit from reasonable drives to Baystate Medical Center and Holyoke Mall. Street-level character is traditional New England — mature trees, sidewalks on key blocks, and a neighborhood scale that supports both rental tenants and long-term homeowners.