1060 Chicopee Street

Chicopee, MA 01013

$1,350,000
Price
29
Beds
12
Baths
13,911 Sq. Ft.
$97 / Sq. Ft.
13,911
Sq. Ft.
$97
per Sq. Ft.

Description

Come check out this cash flowing 12-unit apartment building, comprised of (5) 3-bedroom units, and (7) 2-bedroom units. 7 out of the 12 units have been recently renovated, and 5 of the other units are filled with long term tenants. 6 of the units are filled with subsidized tenants, with guaranteed monthly income! Total monthly rents are over $14,000! There is still room to increase rent for some long term tenants. Building and hallways are in good conditions, new deck was built 2 years ago. All utilities...Come check out this cash flowing 12-unit apartment building, comprised of (5) 3-bedroom units, and (7) 2-bedroom units. 7 out of the 12 units have been recently renovated, and 5 of the other units are filled with long term tenants. 6 of the units are filled with subsidized tenants, with guaranteed monthly income! Total monthly rents are over $14,000! There is still room to increase rent for some long term tenants. Building and hallways are in good conditions, new deck was built 2 years ago. All utilities are separated and tenants pay for their own utilities. Don't miss out on this opportunity, come see it for yourself! First showing at Open House, Saturday May 11th, 12:00-2:00pm.
  1. Listed by Nghia Nguyen • PRIVI Realty LLC

Property Details for 1060 Chicopee Street

Town
Chicopee
Area
MA-Chicopee
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of PRIVI Realty LLC, Nghia Nguyen
Add your commute
LISTING UPDATED: 05/15/2024 09:06 AM

Property Details for 1060 Chicopee Street

StatusUnder Agreement
MLS #73234722
Days on Market7
Taxes$17,328 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1922
CountyHampden County

Location

Listing Courtesy of PRIVI Realty LLC, Nghia Nguyen
Add your commute

Building Information for 1060 Chicopee Street

Stories3Residences12Year Built1922Building Size-Lot Size0.11 AC / 4,637 SF

Payment Calculator

$8,812 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$1,444

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1060 Chicopee Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access
  • Living Area: 13911.0
  • SqFt with Basement: No
  • Total Units: 12
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood, Deck - Composite
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck - Wood, Deck - Composite
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyer and buyer agent to verify all data
Tax Information
  • Tax ID: 2511026
  • Assessments: $1,174,500
  • Book: 24606
  • Tax Year: 2024
  • Zoning: 1120
Building / Association Information
Living Characteristics
  • Beds Total: 29
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Annual Expenses Source: Projected
  • GOI: $169,560.00
  • GRE: $63,668
  • NOI: $105,621.00
  • Operating Expense: $63,668.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $14,130.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 1060 Chicopee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1060 Chicopee Street

Taxable ValueLand$90,000Additions$1,084,500Total$1,174,500
Tax Record2024$17,336 ($1,445 / month)
Home Facts
Baths12Total Finished SqFt13,911 SqFtAbove Grade Finished SqFt13,911 SqFtUnfinished Basement SqFt4,637 SqFtStories3Lot Size7,680 SqFtStyleMulti-Family Res (5+ Units)Year Built1922Zoning113CountyHAMPDENAPNCHIC M:0626 P:00018

Schools near 1060 Chicopee Street

This home is within Chicopee School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Fairview Elementary
PublicK to 5

Bellamy Middle School
Public6 to 8

Chicopee Comprehensive 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PRIVI Realty LLC, Nghia Nguyen

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.