ATTENTION INVESTORS - great opportunity to own this large legal 3 unit investment property. The building is fully occupied and will be sold with tenants in place. Tenants pay all of their own utilities except water/sewer. There are laundry hookups in each unit. Each unit is the same size - 6 rooms, 3 bedrooms, 1 bath each unit. Note - the first floor unit is utilizing one of the bedrooms as a laundry room. There is a paved driveway and off street parking for all tenants. 2 hot water heaters are less than 4 years old and the second floor water heater was changed less than a year ago. Flat roof. All tenants are on month-to-month rental agreements with no security deposit in place. Longer term tenants = a bit below market rents, but good payment history. The seller never occupied the property. MLS information might not be accurate. Buyers and Buyer's Agent are to verify all information and perform their own due diligence. Tenants have recording devices throughout the property.
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73053484)
Gross Income: $39,600
Gross Expenses: $4,446
Net Income Calc: $35,154
Annual Expenses for 21 Alvord Avenue, Chicopee MA 01020
Total Gross Expenses (Calculated)$4,446/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4446
Annual Income & Unit Breakdown for 21 Alvord Avenue, Chicopee MA 01020
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 21 Alvord Avenue, Chicopee MA 01020
Listing ID73053484
Property TypeMulti Family / 3 Family
Price335000 ($80.74/SqFt)
Style3 Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total4149
Approximate Lot Size (Acres)0.11
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning4
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 21 Alvord Avenue, Chicopee MA 01020
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation1%
Compensation Based OnNet Sale Price
Financial Information for 21 Alvord Avenue, Chicopee MA 01020
Real Estate Taxes4446
Tax Year2022
Assessed Value$261,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 21 Alvord Avenue, Chicopee MA 01020
Neighborhood(s)
Area Amenities
Contact Information for 21 Alvord Avenue, Chicopee MA 01020