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340 Chicopee St, Chicopee MA 01013

$325,000

Estimated $884/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $108,333.33

Total Rent: 37200/year

Estimated CAP Rate:

5 Bedrooms

Baths

2137

Total Parking: 14 (2 Garage)

29,580 (0.68)

ATTENTION INVESTORS – great opportunity to own this 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. All tenants have month-to-month rental agreements. 1 – 3bedroom unit and 2 – 1bedroom units. Letters of Lead Inspections Compliance for each unit. Low maintenance building. Updated electrical, with 4 panels – 3 tenant and one owner. Updated plumbing. Reinforced basement walls. Newer basement windows. There is a long paved driveway for off street parking for all tenants. The 2 car garage is also rented for an additional $300/month income. Although the Seller has never occupied the property, this property is nicely maintained. Zoned Res. C. Great location with access to major highways.

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 8:26am (Source: MLS PIN #73110379)

Gross Income: $37,200

Gross Expenses: $9,119

Net Income Calc: $28,081

Water Views

Annual Expenses for 340 Chicopee St, Chicopee MA 01013

Total Gross Expenses (Calculated)$9,119/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4280

Annual Income & Unit Breakdown for 340 Chicopee St, Chicopee MA 01013

Total Gross Income (Calculated)$37,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 340 Chicopee St, Chicopee MA 01013

Listing ID73110379

Property TypeMulti Family / 3 Family

Price325000 ($152.08/SqFt)

Style3 Family

CityChicopee

CountyHampden

Neighborhood(s)

Approximate Living Area Total2137

Approximate Lot Size (Acres)0.68

Total Parking14 (2 Garage)

Garage Parking2

Year Built1907

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning5

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 340 Chicopee St, Chicopee MA 01013

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data SourceEstimated

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 340 Chicopee St, Chicopee MA 01013

Real Estate Taxes4280

Tax Year2023

Assessed Value$282,500

Financial Data SourceEstimated

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 340 Chicopee St, Chicopee MA 01013

Elementary SchoolJohn J Stefanik

Middle SchoolBellamy

High SchoolChicopee High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 340 Chicopee St, Chicopee MA 01013

Agent

Name: Leslie Brunelle

Office

Name: NRG Real Estate Services, Inc.

Phone: 413-567-2100

Payment Calculator

, Interest

Property Taxes 356.67

Principal & Interest 2002.55

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NRG Real Estate Services, Inc.

Leslie Brunelle

Agent Phone

Office Phone

(413) 567-2100

Text Agent Call Agent Call Office

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    [unparsed] => 340 Chicopee St, Chicopee MA 01013
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EXIT

23 More Photos

Closed

340 Chicopee St, Chicopee MA 01013

$325,000

Annual Expenses for 340 Chicopee St, Chicopee MA 01013

Annual Income & Unit Breakdown for 340 Chicopee St, Chicopee MA 01013

General Information for 340 Chicopee St, Chicopee MA 01013

Disclosures for 340 Chicopee St, Chicopee MA 01013

Financial Information for 340 Chicopee St, Chicopee MA 01013

Location Information for 340 Chicopee St, Chicopee MA 01013

Contact Information for 340 Chicopee St, Chicopee MA 01013

Agent

Office

Payment Calculator

Exclusive Listing Agent

NRG Real Estate Services, Inc.

Leslie Brunelle