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16 Grape St., Chicopee MA 01013

$3,100,000

Estimated $6,859.97/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $3,100,000

Total Rent: 0/year

Estimated CAP Rate: -0.71%

0 Bedrooms

Baths

Total Parking: 15

17,194 SqFt

Incredible investment opportunity! Attention investors! Don't miss the rare chance at owning a package deal including 5 buildings in the heart of chicopee. This portfolio includes 16-18 grape st, 24 grape st, 16 parshley ave, 20 parshley ave, 34 canal st, and 726-732 chicopee st. Offering a total of 29 residential units and 3 commercial retail spaces. All units are fully rented and generating income. Most units have been recently updated. The buildings feature newer roofing and updated electrical. This is a turnkey opportunity for an investor looking to expand their portfolio. Schedule a showing today and secure your place in this lucrative market!

This home has been viewed 19 times

Last Checked: October 20th, 2024 at 4:20am (Source: MLS PIN #73299410)

Gross Income: $0

Gross Expenses: $22,000

Net Income Calc: $22,000

CAP Rate: -0.71%

Annual Expenses for 16 Grape St., Chicopee MA 01013

Total Gross Expenses (Calculated)$22,000/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$22,000

Annual Income & Unit Breakdown for 16 Grape St., Chicopee MA 01013

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesNo

General Information for 16 Grape St., Chicopee MA 01013

Listing ID73299410

Property TypeMulti Family / 5+ Family

Price$3,100,000

Style

CityChicopee

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.39 acres

Total Parking15

Garage Parking

Year Built1905

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesNo

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

Zoning101

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 16 Grape St., Chicopee MA 01013

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$77,500

Total Gross Income By Broker$302,400

Total Net Income By Broker$224,900

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 16 Grape St., Chicopee MA 01013

Real Estate Taxes$22,000

Tax Year2023

Assessed Value

Financial Data SourceNo

Total Gross Expenses By Broker$77,500

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$302,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$224,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.71%

Location Information for 16 Grape St., Chicopee MA 01013

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 16 Grape St., Chicopee MA 01013

Agent

Name: Jasmin Lowe

Office

Name: Lowe & Lowe Realty Co.

Phone: 413-426-9749

Team Members

Name: Christian Lowe

Phone: 413-355-8001

Payment Calculator

, Interest

Property Taxes 1833.33

Principal & Interest 19101.21

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lowe & Lowe Realty Co.

Jasmin Lowe

Agent Phone

Office Phone

(413) 426-9749

Text Agent Call Agent Call Office

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                    [enabled] => 1
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                    [modified] => 2024-10-20 04:20:10
                )

[22] => Array
                (
                    [id] => 43291754
                    [name] => MLS23.jpg
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                    [index] => 23
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                    [modified] => 2024-10-20 04:20:10
                )

[23] => Array
                (
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                    [index] => 24
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                    [modified] => 2024-10-20 04:20:10
                )

[24] => Array
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                    [index] => 25
                    [enabled] => 1
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                    [modified] => 2024-10-20 04:20:10
                )

[25] => Array
                (
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                    [index] => 26
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                    [modified] => 2024-10-20 04:20:10
                )

[26] => Array
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                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-10-20 04:20:10
                    [modified] => 2024-10-20 04:20:10
                )

[27] => Array
                (
                    [id] => 43291759
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-10-20 04:20:10
                    [modified] => 2024-10-20 04:20:10
                )

[28] => Array
                (
                    [id] => 43291760
                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-10-20 04:20:10
                )

[29] => Array
                (
                    [id] => 43291761
                    [name] => MLS30.jpg
                    [type] => gallery
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-10-20 04:20:10
                    [modified] => 2024-10-20 04:20:10
                )

[30] => Array
                (
                    [id] => 43291762
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73299410&w=1024&h=768&n=31
                    [index] => 31
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                    [modified] => 2024-10-20 04:20:10
                )

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                (
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                    [index] => 32
                    [enabled] => 1
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                )

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                    [id] => 43291764
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                    [enabled] => 1
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                )

[33] => Array
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                    [id] => 43291765
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                    [index] => 34
                    [enabled] => 1
                    [created] => 2024-10-20 04:20:10
                    [modified] => 2024-10-20 04:20:10
                )

)

)

EXIT