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Gundersheim Group Real Estate

© 2026 Melanie Gundersheim. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 505 Prospect St, Chicopee, MA 01020
Active Under Contract
15 Days on market
505 Prospect St Chicopee — Photo 1 of 36

505 Prospect St Chicopee — Photo 1 of 36

$349,995

505 Prospect St, Chicopee, MA 01020

Chicopee, MA 01020 — North Chicopee

Beds

4

Baths

2

SqFt

1,614

Style

Single Family

Built

1952

Timeless elegance meets modern luxury in this beautifully updated Colonial offering 4 spacious bedrooms and 2 full bathrooms with modern tile work. Rich hardwood floors flow throughout the 1st floor creating a warm and sophisticated ambiance, while thoughtfully designed living spaces provide the perfect balance of comfort and style. The heart of the home is the stunning, updated kitchen featuring sleek quartz countertops, brand-new stainless steel appliances, ample cabinetry and large island perfectly designed for both everyday living and effortless entertaining. New heating system & new electrical panel inside & outside. Come enjoy this corner lot property with a great sized backyard with a Detached garage for your storage. This beauty won’t last long so come check it out. Showings deferred to open house 8/8/2026 12PM-2PM

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$217/sqft
Local Avg (Chicopee)$226/sqft
4% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Chicopee, MA.

Property Details

Financials

Original Price$349,995
Annual Taxes$4,362

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoning7

Property & Lot

Acres0.22
SqFt Lot9,558
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

Closet, Flooring - Hardwood, Window(s) - Picture

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Picture, Breakfast Bar / Nook

Kitchen
Lvl Main,First

Flooring - Vinyl, Window(s) - Picture, Countertops - Upgraded, Kitchen Island, Exterior Access, Remodeled

Master Bedroom
Lvl Second

Closet, Flooring - Vinyl, Window(s) - Picture

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Vinyl, Window(s) - Picture

Bedroom 4
Lvl Second

Closet, Flooring - Vinyl, Window(s) - Picture

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture

Property History

Listed
$349,995

Aug 5, 2026

MLS® 73559415

Terminated
$379,995

Jul 26, 2026

MLS® 73548099

Listed
$379,995

Jul 10, 2026

MLS® 73548099

Population

30,167

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

41.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

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: 807 sq ft (the lesser of 900 sq ft or half the 1,614 sq ft principal dwelling). Lot size: 9,558 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.

Full Chicopee, MA market report ZIP 01020 market data
Listing Provided By

Listing Agent: Ryan Brown

Listing Office: Naples Realty Group

MLS® Number: 73559415

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