OPPORTUNITY IS KNOCKING for the Savvy Owner Occupant or Investor in this Well Maintained Vinyl Sided 2 Family with 3rd Floor Bonus Rooms situated on a pretty corner lot found in a desirable area, conveniently located near Schools, Restaurants & Highways! Each spacious unit offers similar layouts w/many quality & recent updates such as APO: New Roof on Home ONLY (2021), Garage Doors, 2021 Rheem HW Tank& mostly Replacement Windows.1st Flr unit boasts 3 good sized bdrms & 1 bath w/spacious living & dining areas, a well-appointed kitchen w/pantry & deck overlooking the backyard. 2nd Flr unit features 4 bdrms & 2 baths w/bright and airy living spaces, a kitchen w/stainless steel appliances. A real bonus is the cheerful Walk-Up Attic w/4 finished rms (utilities tied into 1st flr unit)! Additionally, the property offers a 2-car detached garage w/plenty of off-street parking. Great CASH FLOW! Don't miss your chance to own this Gold Mine! Highest & Best by Monday 2/27 at 5pm.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 3:11am (Source: MLS PIN #73081796)
Gross Income: $40,800
Gross Expenses: $4,166
Net Income Calc: $36,634
CAP Rate: 12.22%
Annual Expenses for 138-140 Columba Street, Chicopee MA 01020
Total Gross Expenses (Calculated)$4,166/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,166
Annual Income & Unit Breakdown for 138-140 Columba Street, Chicopee MA 01020
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$1,600
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$1,800
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 138-140 Columba Street, Chicopee MA 01020
Listing ID73081796
Property TypeMulti Family
Price$299,900 ($87.95/SqFt)
StyleMulti Family
CityChicopee
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total3,410 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 138-140 Columba Street, Chicopee MA 01020
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureGLA includes finished 3rd Floor - Buyer to verify
Building Area SourceAppraiser
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$40,800
Total Net Income By Broker$40,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 138-140 Columba Street, Chicopee MA 01020
Real Estate Taxes$4,166
Tax Year2023
Assessed Value$275,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$40,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$40,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)12.22%
Location Information for 138-140 Columba Street, Chicopee MA 01020
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Pool, Tennis Court(s), Private School, University, Sidewalks
Contact Information for 138-140 Columba Street, Chicopee MA 01020