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Expired

59 West St, Chicopee MA 01013

$425,000

Estimated $973.97/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $106,250

Total Rent: 51600/year

Estimated CAP Rate: 11.34%

8 Bedrooms

4 Full Baths

3,300 SqFt

Total Parking: 4

3,636 SqFt

Brick center-hall 4 family in Chicopee Center. All 4 units are rented, rents are $1050 and $1100. Positive cash flowing building! Each unit has individual gas forced hot air heat, individual hot water, and individual electric, which tenants pay for. Right side apartments, both floors, are recently renovated. Laundry hook-ups have recently been added to the cellar. 3rd floor has a wide middle staircase, with 4 individually locking rooms and 4 hallway closets. Could easily be made into extra bedrooms.Apartment photos are of 2R, which is rented for $1100. Trash is picked up by the City. All 4 units and common areas are lead compliant with Lead Certificates

This home has been viewed 47 times

Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73037886)

Gross Income: $51,600

Gross Expenses: $3,418

Net Income Calc: $48,182

CAP Rate: 11.34%

Annual Expenses for 59 West St, Chicopee MA 01013

Total Gross Expenses (Calculated)$3,418/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,418

Annual Income & Unit Breakdown for 59 West St, Chicopee MA 01013

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$1,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 59 West St, Chicopee MA 01013

Listing ID73037886

Property TypeMulti Family / 4 Family

Price$425,000 ($128.79/SqFt)

Style4 Family

CityChicopee

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,300 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1906

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 59 West St, Chicopee MA 01013

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$51,600

Total Net Income By Broker$51,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 59 West St, Chicopee MA 01013

Real Estate Taxes$3,418

Tax Year2022

Assessed Value$201,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.34%

Location Information for 59 West St, Chicopee MA 01013

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 59 West St, Chicopee MA 01013

Agent

Name: Christine Barch

Office

Name: Home Equity Assets Realty, LLC

Phone: 413-328-0799

Payment Calculator

, Interest

Property Taxes 284.83

Principal & Interest 2618.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Equity Assets Realty, LLC

Christine Barch

Agent Phone

Office Phone

(413) 328-0799

Text Agent Call Agent Call Office

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EXIT

Expired

59 West St, Chicopee MA 01013

$425,000

Annual Expenses for 59 West St, Chicopee MA 01013

Annual Income & Unit Breakdown for 59 West St, Chicopee MA 01013

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Financial Information for 59 West St, Chicopee MA 01013

Location Information for 59 West St, Chicopee MA 01013

Contact Information for 59 West St, Chicopee MA 01013

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Christine Barch