Last Sold Price
9 beds3,240 sqft$110/sqft
11 Reed Ave, Chicopee, MA 01020

Description

Highest & best offers due by monday, march 4th @ 5pm Excellent 3 family investment opportunity! Looking to add or to start your rental portfolio, Well look no further, 11 Reed Ave is just the one! All units have the same layout - kitchen, living room, bath, 3 bedrooms & rear porch. Separate utilities for all units, including in unit electric panels, individual natural gas forced hot air furnaces, Dedicated Water Heaters & More. Units have updates and are rented with long term tenants. Tenants can...Highest & best offers due by monday, march 4th @ 5pm Excellent 3 family investment opportunity! Looking to add or to start your rental portfolio, Well look no further, 11 Reed Ave is just the one! All units have the same layout - kitchen, living room, bath, 3 bedrooms & rear porch. Separate utilities for all units, including in unit electric panels, individual natural gas forced hot air furnaces, Dedicated Water Heaters & More. Units have updates and are rented with long term tenants. Tenants can also enjoy on-site laundry facilities if buyer chooses in common area basement. Month to Month Tenants - Current rent is below market value so there is room for increased income. Owner pays water, sewer & trash. Close to area colleges, Library, shopping centers, and more! This building is nestled amongst other multi-unit homes with its own off street parking. Now is the time, invest in your future! Schedule your appointment today. Group Showings at specified times only.
LISTING CLOSED: 05/03/2024 12:00 AM

  1. Listed by Dakota Richards • ERA M Connie Laplante

Property Details for 11 Reed Avenue

Status
MLS #
73206789
Days on Market
6
Taxes
$4,136 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1920
Town
Chicopee
Area
MA-Chicopee
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Recent comparable sales

Median sold price

$395,000

Avg days on market

31

Sale-to-list ratio

100.6%

Chicopee, MA

9 comparable properties found

$370,000 | 31 Alvord Avenue, Chicopee, MA 01020
1/39
1

$370,000

Sold 03/20/25

9
Bedrooms
3,604
Square Feet
0.11
Acres
a front view of a building
1/31
2

$395,000

Sold 12/31/25

9
Bedrooms
3,480
Square Feet
0.11
Acres
$510,000 | 206 Fairview Avenue, Chicopee, MA 01013
1/25
3

$510,000

Sold 05/15/25

9
Bedrooms
3,951
Square Feet
0.24
Acres
$522,000 | 40 Orchard Street, Chicopee, MA 01013
1/33
4

$522,000

Sold 05/29/26

9
Bedrooms
3,951
Square Feet
0.11
Acres
a living room with furniture a flat screen tv and kitchen view
1/39
5

$467,000

Sold 09/02/24

9
Bedrooms
3,300
Square Feet
0.14
Acres
a front view of a house with a yard
1/42
6

$308,000

Sold 11/01/24

5
Bedrooms
3,522
Square Feet
0.19
Acres
a view of a house with a garden and pathway
1/41
7

$390,000

Sold 11/07/24

6
Bedrooms
3,144
Square Feet
0.40
Acres
a front view of a house
1/6
8

$440,000

Sold 01/23/26

7
Bedrooms
3,414
Square Feet
0.12
Acres
a view of a brick house with a small yard
1/41
9

$375,000

Sold 09/10/24

6
Bedrooms
3,560
Square Feet
0.20
Acres

Location

Listing Courtesy of ERA M Connie Laplante, Dakota Richards

Sold By ERA M Connie Laplante, Dakota Richards

Add your commute

Building Information for 11 Reed Avenue

Stories3Residences3Year Built1920Building Size-Lot Size0.07 AC / 2,925 SF

Payment Calculator

$2,149 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,804

Property Taxes

$345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 11 Reed Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: Other
  • Living Area: 3240.0
  • Color: Tan/Green
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: None, Range, Refrigerator
  • Basement Features: Full, Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Laminate, Vinyl / VCT
  • Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen
  • Laundry Features: Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Common, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Common, Paved Driveway
  • Parking Features: Off-Street, Common, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: 1) Owner has never lived at the property; 2) Photo of front exterior from Google; 3) Buyer& BA should do all due diligence associated with the purchase 4) Fully Occupied,All units are M2M and will remain at closing. 5) Owner holds a MA RE LIC. 6) Unit 1 & 2 are seller owned appliances.
Tax Information
  • Tax ID: M:0127 P:00019,2500770
  • Assessments: $280,200
  • Book: 12371
  • Tax Year: 2024
  • Zoning: 4
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar, Other
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
Income / Expenses
  • Electricity: $500.00
  • Annual Expenses Source: Estimated, Owner
  • GOI: $42,000.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,500.00
  • GRE: $5,900
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $1,750
  • NOI: $36,100.00
  • Operating Expense: $5,900.00
  • WSE: $1,900.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 11 Reed Avenue

DateEvent & SourcePriceAppreciation
May 3, 2024

Sold

MLS PIN #73206789

$355,000
Mar 5, 2024

Under Agreement

MLS PIN #73206789

Mar 4, 2024

Contingent

MLS PIN #73206789

DateEvent & SourcePrice
05/03/2024

Sold

MLS PIN #73206789

$355,000
03/05/2024

Under Agreement

MLS PIN #73206789

03/04/2024

Contingent

MLS PIN #73206789

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

Public Records for 11 Reed Avenue

Taxable ValueLand$58,600Additions$236,100Total$294,700
Tax Record2025$4,468 ($372 / month)
Home Facts
Baths3Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtUnfinished Basement SqFt1,080 SqFtStories3Lot Size2,925 SqFtStyleTriplexYear Built1920Zoning4CountyHAMPDENAPNCHIC M:0127 P:00019

Schools near 11 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11 Reed Avenue, Chicopee, MA 01020
$355,000
9
3,240
2,925
$180,000
6
3,240
3,049
$50,500
4
1,496
6,098
$360,000
6
2,020
6,400
$245,000
5
2,246
5,623
$108,500
4
2,000
13,845

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA M Connie Laplante, Dakota Richards

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.