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5 Zoar Avenue, Chicopee MA 01020

$389,900

Estimated $1,018.05/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $129,966.67

Total Rent: 42600/year

Estimated CAP Rate: 9.74%

6 Bedrooms

3 Full, 4 Half Baths

2,874 SqFt

Total Parking: 5 (2 Garage)

8,712 SqFt

WOW! Check out this meticulously maintained three family located in the heart of Aldenville! Three spacious units with updated kitchens and baths. According to the current owner many major improvements and updates have been made over the past 15 years including roof, replacement windows, heating systems, electrical, plumbing, water heaters, and the list goes on. Building is sprinklered and has a fire detection system. Separate utilities. Laundry in the basement for each unit. Large lot with off street parking and a two car garage. Property is fully rented. Showings Sunday June 4th, 2023 from 11:00 to 1:00, don't wait on this one, schedule your showing today, you must have an appointment.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 8:51am (Source: MLS PIN #73119785)

Gross Income: $42,600

Gross Expenses: $4,630

Net Income Calc: $37,970

CAP Rate: 9.74%

Annual Expenses for 5 Zoar Avenue, Chicopee MA 01020

Total Gross Expenses (Calculated)$4,630/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,630

Annual Income & Unit Breakdown for 5 Zoar Avenue, Chicopee MA 01020

Total Gross Income (Calculated)$42,600

Unit 1

Rental Income$1,150

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,250

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,150

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 5 Zoar Avenue, Chicopee MA 01020

Listing ID73119785

Property TypeMulti Family / 3 Family

Price$389,900 ($135.66/SqFt)

Style3 Family - 3 Units Up/down

CityChicopee

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,874 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking5 (2 Garage)

Garage Parking2 / Detached

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick

Lot FeaturesCorner Lot

Foundation Area875

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

Zoning6

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 5 Zoar Avenue, 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$42,600

Total Net Income By Broker$42,600

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 5 Zoar Avenue, Chicopee MA 01020

Real Estate Taxes$4,630

Tax Year2023

Assessed Value$305,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$42,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$42,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.74%

Location Information for 5 Zoar Avenue, Chicopee MA 01020

Elementary SchoolChicopee

Middle SchoolChicopee

High SchoolChicopee

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Shopping, Public Transportation

Contact Information for 5 Zoar Avenue, Chicopee MA 01020

Agent

Name: Joni Fleming

Office

Name: ERA M Connie Laplante

Phone: 413-536-9111

Payment Calculator

, Interest

Property Taxes 385.83

Principal & Interest 2402.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA M Connie Laplante

Joni Fleming

Agent Phone

Office Phone

(413) 536-9111

Text Agent Call Agent Call Office

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EXIT

Closed

5 Zoar Avenue, Chicopee MA 01020

$389,900

Annual Expenses for 5 Zoar Avenue, Chicopee MA 01020

Annual Income & Unit Breakdown for 5 Zoar Avenue, Chicopee MA 01020

General Information for 5 Zoar Avenue, Chicopee MA 01020

Disclosures for 5 Zoar Avenue, Chicopee MA 01020

Financial Information for 5 Zoar Avenue, Chicopee MA 01020

Location Information for 5 Zoar Avenue, Chicopee MA 01020

Contact Information for 5 Zoar Avenue, Chicopee MA 01020

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Exclusive Listing Agent

ERA M Connie Laplante

Joni Fleming