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Description
2 Structures on one lot ! Think about Generational living or the ADU possibilities! Current Gross Receipts for three out of the four units is $3,100 per month! Welcome to a truly unique property offering a rare combination of historic character, residential income, and an exceptional home business or workshop opportunity. Located in the historic Chicopee/Elms College area, this well-maintained 1880s home sits on an open corner lot and includes a detached carriage house that is perfect for an entrepreneur, craftsman, or hobbyist. The main residence features six bedrooms, four bathrooms, and two apartment units. The first-floor apartment provides convenient single-level living, while the second apartment spans the second and third floors, offering generous living space. The home also includes a dry basement with a concrete floor and has been thoughtfully maintained and improved over the years. Most of the home is insulated and features an updated hydronic four-zone natural gas heating system, with one area also benefiting from heat pump heating and cooling. Additional improvements include an on-demand natural gas water heater, 200-amp electrical service, carpentry repairs, and fresh exterior painting completed this summer. The detached carriage house, built in 1996, is a standout feature. The first floor offers an approximately 18' x 30' workshop with a large overhead door and opener, efficient LED lighting, wood-stove heat, hot and cold water, sink, toilet, air compressor, and 60-amp 220-volt electrical service. A 5 kW owner-owned, grid-tied solar electric system adds to the property's appeal. The second floor of the carriage house is a charming open loft featuring a full kitchen and full bathroom with tub and shower, mini-split heat pump, wood stove for backup heat, and beautiful natural wide-board yellow pine flooring throughout. Three skylights and a large south-facing picture window provide abundant natural light and create a unique atmosphere reminiscent of a peaceful treehouse retreat. With multiple living spaces, workshop capabilities, and excellent potential for rental income, this property is suited for those seeking a home-based business, additional income, multigenerational living.
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Privacy Policy Notice: All information collected voluntarily from you will be used to personalize your experience, improve our website and improve our customer service. This information will not be shared with any other third persons or entities. Updated: 6th November, 2026 4:42 PM (UTC)
Listed by: John Pedro Jr.; John H. Pedro Real Estate; 413-531-1328
