NOT LISTED FOR SALE

1060 Chicopee St Chicopee, MA 01013

Willimansett Neighborhood
29 Beds
12 Baths
13,911 Sq Ft
4,637 Sq Ft Lot

Last Sold July 16, 2024

Last sale price $1,380,000 $99 Per Sq Ft

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Coin Laundry
  • Deck
  • Corner Lot

About This Home

As of July 2024

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.

Last Agent to Sell the Property

Nghia Nguyen

PRIVI Realty LLC Listed on: 05/08/2024

Last Buyer's Agent

ChangBae Son

Premier Realty Group - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,328

Year Built

  • Built in 1922

Lot Details

  • 4,637 Sq Ft Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 13,911 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 12 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $14,130
  • Assessor Parcel Number 2511026

Community Details

Overview

  • 12 Units

Amenities

  • Medical Services
  • Coin Laundry

Building Details

  • Operating Expense $63,668
  • Net Operating Income $105,621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,328

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1922
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 29
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Living Area: 13911
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6354
  • MAIN SO: AN1953

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2511026
  • Zoning: 1120
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4637
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17328

Multi Family

  • Net Operating Income: 105621
  • Number Of Units Total: 12
  • Operating Expense: 63668
  • Total Actual Rent: 14130
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $1,380,000 +2.2% $99 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,350,000 +24.4% $97 / Sq Ft
06/24/2022 06/24/22 Sold $1,085,000 -7.7% $78 / Sq Ft View Prior Sale
04/30/2022 04/30/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $1,175,000 0.0% $84 / Sq Ft
04/13/2022 04/13/22 For Sale $1,175,000 +9.3% $84 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $1,075,000 -- $77 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nghia Nguyen

    PRIVI Realty LLC

    (508) 468-4329

    2 in this area

    43 Total Sales

    Nghia Nguyen
    Section Image

  • C

    Buyer's Agent in 2024

    ChangBae Son

    Premier Realty Group - Lexington

    Section Image
  • Robert Couture

    Seller's Agent in 2022

    Robert Couture

    Lock and Key Realty Inc.

    (310) 922-5436

    1 in this area

    20 Total Sales

    Robert Couture
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73234722

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Chicopee 01013 Willimansett

1060 Chicopee St, Chicopee, MA

Not Listed for Sale

MultiFamily

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