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Expired

25 Grace St, Chicopee MA 01020

$375,000

Estimated $979.81/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $125,000

Total Rent: 30600/year

Estimated CAP Rate: 6.97%

4 Bedrooms

2 Full Baths

1,280 SqFt

Total Parking: 6 (1 Garage)

6,874 SqFt

RECENTLY BUILT MULTIFAMILY PROPERTY! 3 units! 2 residential units, & 1 additional unit w/commercial storage space, zoned Commercial A. Built in 2016, everything is new and modern. Perfect for owner occupied or to use as investment property. Both units have 2 bedrooms, 1 bath, new shaker-style cabinets w/ granite countertops, ceiling fans, & separate washers/dryers. Inexpensive electric baseboard heat, separate water heaters (2016) and 3 separate electrical panels. Commercial storage space has electric heat & separate electrical panel (new 2021) w/ lots of extra space. This large unit has garage access & is located on the ground level. Extremely close to major highways, 90 & 91.

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73051159)

Gross Income: $30,600

Gross Expenses: $4,461

Net Income Calc: $26,139

CAP Rate: 6.97%

Annual Expenses for 25 Grace St, Chicopee MA 01020

Total Gross Expenses (Calculated)$4,461/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,461

Annual Income & Unit Breakdown for 25 Grace St, Chicopee MA 01020

Total Gross Income (Calculated)$30,600

Unit 1

Rental Income$1,250

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesUnit 1(water)

General Information for 25 Grace St, Chicopee MA 01020

Listing ID73051159

Property TypeMulti Family

Price$375,000 ($292.97/SqFt)

StyleMulti Family

CityChicopee

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,280 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking6 (1 Garage)

Garage Parking1 / Detached

Year Built2016

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

Zoning106

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 25 Grace St, Chicopee MA 01020

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$31,500

Total Net Income By Broker$29,400

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 25 Grace St, Chicopee MA 01020

Real Estate Taxes$4,461

Tax Year2021

Assessed Value$253,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$31,500

BostonRealEstate.com Gross Income

Total Net Income By Broker$29,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.97%

Location Information for 25 Grace St, Chicopee MA 01020

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Tennis Court(s), Private School

Contact Information for 25 Grace St, Chicopee MA 01020

Agent

Name: Amy Deauseault

Office

Name: Gallagher Real Estate

Phone: 413-536-7232

Payment Calculator

, Interest

Property Taxes 371.75

Principal & Interest 2310.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gallagher Real Estate

Amy Deauseault

Agent Phone

Office Phone

(413) 536-7232

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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                    [enabled] => 1
                    [created] => 2024-05-07 05:56:18
                    [modified] => 2024-05-07 05:56:18
                )

)

)

EXIT

Expired

25 Grace St, Chicopee MA 01020

$375,000

Annual Expenses for 25 Grace St, Chicopee MA 01020

Annual Income & Unit Breakdown for 25 Grace St, Chicopee MA 01020

General Information for 25 Grace St, Chicopee MA 01020

Disclosures for 25 Grace St, Chicopee MA 01020

Financial Information for 25 Grace St, Chicopee MA 01020

Location Information for 25 Grace St, Chicopee MA 01020

Contact Information for 25 Grace St, Chicopee MA 01020

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Gallagher Real Estate

Amy Deauseault