924 Chicopee StreetChicopee, MA 01013MLS Number 73228463

  • Price: $2,979,000
  • 71 Days on Market
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Federal 30-year interest rate: 6.86% last updated on Jun 27, 2024
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924 Chicopee Street Chicopee MA 01013924 Chicopee Street Chicopee MA 01013924 Chicopee Street Chicopee MA 01013
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  • 0.21Acreage
  • 1901Year Built
  • 30,343Square Feet

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Dive into an exceptional investment opportunity in Chicopee! This property offers a solid 10% cap rate, with potential to rise to 13%. It features 22 residential and 4 commercial spaces, fully leased out, except 1 residential unit. With 6 three-bedroom, 8 two-bedroom, and 8 one-bedroom units, most recently renovated, it promises comfortable living. Upgrades include individual electric hot water tanks, new windows, a boiler, and refreshed back porches and roof. Rent covers heat, water, and sewer, while tenants handle electric, hot water, and gas bills. Don't miss out on this lucrative chance to invest in Chicopee's real estate market. Schedule a showing today!
Listed by Pankaj Gupta of KW Pinnacle Central

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More Info

Basic Information

  • Gross Income $388,584
  • Mls StatusActive
  • Parcel Number M:0582 P:00009,2510332

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1901

Tax Information

  • Tax Year 2024
  • Taxes$41,045

Location

  • Address924 Chicopee Street
  • Building Number924
  • CountyHampden
  • StateMA
  • StreetChicopee Street
  • TownChicopee
  • Zip01013

Other

  • Buyer Agency Compensation1.5%
  • Date Listed04/24/2024
  • Farm Land Area Units Square Feet
  • View Count57

Parking

  • Parking Spaces

Basic Information

  • List Price$2,979,000
  • MLS Number73228463
  • Modification Date04/28/2024

Property

  • Acreage0.21

Property Information

  • Living Area 30,343
  • Lot Size Square Feet 9,346
  • Lot Size Units Acres
  • Square Feet30,343

Chicopee, MA Demographics

There is no data available

Chicopee, MA Real Estate Market Data

There is no data available

Chicopee, MA Schools

School NameDistanceTypeGrades
Union Crossing Realty
Union Crossing Realty
Office: 413-427-2390
420 Union Street
Westfield, MA 01085

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