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Closed

28 Adams St, Chicopee MA 01013

$406,000

Estimated $981.66/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $135,333.33

Total Rent: 50400/year

Estimated CAP Rate: 11.46%

9 Bedrooms

3 Full Baths

4,038 SqFt

Total Parking: 2

3,650 SqFt

This beautiful three-family home offers a great opportunity for investors to own a well-maintained property very spacious units have all been updated with newer kitchens, baths, flooring, lighting and paint. Each unit has large LR, three bedrooms, kitchen with island and walk-in pantry with washer/dryer hook ups, and large full bath. This home has been meticulously cared for! All units have same footprint. Gas heat and gas cooking, all separate utilities, newer windows, water heaters and appliances, hardwood floors, large back porches and new front entrances. Lead compliant certificates for all 3 units are available. each unit rents for $1400 and cash-flowing!The property is located in a desirable neighborhood, close to schools, parks, and shopping centers, making it an ideal location for renters or owner-occupiers. With its excellent condition and prime location, this three-family house is a must-see for anyone looking for a solid investment in the Chicopee real estate market.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 7:56am (Source: MLS PIN #73087443)

Gross Income: $50,400

Gross Expenses: $3,880

Net Income Calc: $46,520

CAP Rate: 11.46%

Annual Expenses for 28 Adams St, Chicopee MA 01013

Total Gross Expenses (Calculated)$3,880/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,880

Annual Income & Unit Breakdown for 28 Adams St, Chicopee MA 01013

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms3 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 28 Adams St, Chicopee MA 01013

Listing ID73087443

Property TypeMulti Family / 3 Family

Price$406,000 ($100.54/SqFt)

Style3 Family

CityChicopee

CountyHampden

MLS AreaChicopee Falls

Neighborhood(s)

Approximate Living Area Total4,038 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning13

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 28 Adams St, Chicopee MA 01013

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure1st floor has newer furnace in basement, 2nd and 3

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$33,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 28 Adams St, Chicopee MA 01013

Real Estate Taxes$3,880

Tax Year2023

Assessed Value$256,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.46%

Location Information for 28 Adams St, Chicopee MA 01013

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaChicopee Falls

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Private School

Contact Information for 28 Adams St, Chicopee MA 01013

Agent

Name: Armando Roman

Office

Name: Gallagher Real Estate

Phone: 413-536-7232

Team Members

Payment Calculator

, Interest

Property Taxes 323.33

Principal & Interest 2501.64

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gallagher Real Estate

Armando Roman

Agent Phone

Office Phone

(413) 536-7232

Text Agent Call Agent Call Office

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EXIT

Closed

28 Adams St, Chicopee MA 01013

$406,000

Annual Expenses for 28 Adams St, Chicopee MA 01013

Annual Income & Unit Breakdown for 28 Adams St, Chicopee MA 01013

General Information for 28 Adams St, Chicopee MA 01013

Disclosures for 28 Adams St, Chicopee MA 01013

Financial Information for 28 Adams St, Chicopee MA 01013

Location Information for 28 Adams St, Chicopee MA 01013

Contact Information for 28 Adams St, Chicopee MA 01013

Agent

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Gallagher Real Estate

Armando Roman