Sold
Last Sold Price
6 beds3,240 sqft$56/sqft
11-13 Reed Ave, Chicopee, MA 01020
Multi FamilyProperty Type
3,049 sq ftLot Size
1920Year Built
$56/sq ftPrice per sq ft
4 carsParking Spaces

Description

GENERATES $2,350 Monthly. Great investment opportunity! It's has potential for great CASH FLOW! Fully rented 15 room with 3 bedrooms in each unit. It's 3 story, 3 family . All units have lead certificates as well !GENERATES $2,350 Monthly. Great investment opportunity! It's has potential for great CASH FLOW! Fully rented 15 room with 3 bedrooms in each unit. It's 3 story, 3 family . All units have lead certificates as well !
  • Listed by: Jason L. Smith • Lion's Head Real Estate Group
Listing closed: 12/31/2014 12:00 AM • Source: MLS PIN, MLS#: 71623607

Location

Listing Courtesy of Lion's Head Real Estate Group, Jason L. Smith

Sold By Gallagher Real Estate, Mary Jo McDonald

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Payment Calculator

$1,107 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$192

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 11-13 Reed Avenue

Property Details
  • Taxes: $2,307 / year
  • MLS Type: Multi-family / 3 Family - 3 Units Up/Down
  • Town: Chicopee
  • Area: MA-Chicopee
  • Garage Spaces: 0
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 4
Building Information
  • Stories: 6
  • Residences: 3
  • Year Built: 1920
  • Lot Size: 0.07 AC / 3,049 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 3240.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Other (See Remarks)), Unit 2(Range, Unit 3(Range, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Basement Features: Full, Interior Access, Bulkhead
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies Per Unit
  • Interior Features: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available, Other (See Remarks)), Unit 3(Lead Certification Available, Unit 1 Rooms(Living Room, Kitchen, Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Dining Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Improved Driveway, Paved Driveway
Utilities
  • Cooling: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks))
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Unit 1(Hot Water Radiators, Gas, Other (See Remarks)), Unit 2(Forced Air, Unit 3(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: M:0127 P:00019,2500770
  • Assessments: $146,600
  • Book: 12614
  • Tax Year: 2013
  • Zoning: 0
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
  • Foundation Area: 0.0
Income / Expenses
  • Electricity: $265.00
  • Annual Expenses Source: Tax Return, Owner
  • GOI: $15,810.00
  • Insurance: $1,510.00
  • GRE: $8,499
  • RME: $4,079
  • NOI: $7,311.00
  • Operating Expense: $8,499.00
  • WSE: $5,290.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 11-13 Reed Avenue

DateEvent & SourcePriceAppreciation
Dec 31, 2014

Sold

MLS PIN #71623607

$180,000
Nov 26, 2014

Contingent

MLS PIN #71623607

Jan 10, 2014

Listed (Active)

MLS PIN #71623607

$189,900
DateEvent & SourcePrice
12/31/2014

Sold

MLS PIN #71623607

$180,000
11/26/2014

Contingent

MLS PIN #71623607

01/10/2014

Listed (Active)

MLS PIN #71623607

$189,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 11-13 Reed Avenue

This home is within Chicopee School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Belcher Elementary School
PublicPK to 2

Bellamy Middle School
Public6 to 8

Chicopee High School
Public9 to 12

Chicopee Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Lion's Head Real Estate Group, Jason L. Smith

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.