Presenting a large 3 family property, representing a significant opportunity for discerning investors or owner-occupants. This expansive property is thoughtfully designed across three stories, providing a versatile layout. With a total of six bedrooms, it offers ample accommodation, catering to various living arrangements. The property occupies a generous 5200 square foot lot, providing a substantial footprint for the structure and surrounding grounds. To truly appreciate the unique potential and character we encourage you to schedule a private viewing. Separate utilities and individual storage in basement. This property is being sold as is. A section of rear parking area is on adjacent property behind the building and not included in sale. Hot water tanks are leased. Fully occupied longtime tenants are staying in place
This home has been viewed 3 times
Last Checked: June 19th, 2026 at 10:28am (Source: MLS PIN #73538624)
Gross Income: $36,000
Gross Expenses: $4,654
Net Income Calc: $31,346
Annual Expenses for 514 Grattan St, Chicopee MA 01020
Total Gross Expenses (Calculated)$4,654/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4654
Annual Income & Unit Breakdown for 514 Grattan St, Chicopee MA 01020
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Rent Includes
General Information for 514 Grattan St, Chicopee MA 01020
Listing ID73538624
Property TypeMulti Family / 3 Family
Price325000 ($78.16/SqFt)
Style3 Family
CityChicopee
CountyHampden
Neighborhood(s)
Approximate Living Area Total4158
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1905
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning6
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 514 Grattan St, Chicopee MA 01020
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 514 Grattan St, Chicopee MA 01020
Real Estate Taxes4654
Tax Year2025
Assessed Value$307,000
Financial Data Source
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 514 Grattan St, Chicopee MA 01020
Neighborhood(s)
Area Amenities
Contact Information for 514 Grattan St, Chicopee MA 01020