NOT LISTED FOR SALE

Estimated Value: $383,634 - $441,000

6 Beds
3 Baths
3,053 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $365,000 $120 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,632/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • Jogging Path

About This Home

As of May 2024

Welcome to this fantastic investment opportunity in Chicopee, Massachusetts! This well-maintained 3-family property is perfect for investors looking to add value and generate steady rental income or for owner occupants looking to reduce their living expenses! Each unit features two bedrooms, one bathroom, and approximately 1,000 square feet of living space. Second floor unit to be vacant, 1st and 3rd will be delivered with by month-to-month tenants in place at closing. The property also includes a two car garage, a paved driveway, and is on a spacious corner-double lot. With a prime location in Chicopee, residents will enjoy easy access to local amenities, schools, parks, public transportation options, and Elms college. Don't miss out on this incredible chance to own and build equity into this multifamily property! Highest and best offer due by Tuesday 4/2 at 4pm.

Last Agent to Sell the Property

Alex Hiller

Naples Realty Group Listed on: 03/27/2024

Naples Realty Group

Last Buyer's Agent

Jared Rowland

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,053 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • Total Actual Rent $3,625
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0037 P:00015,2496259

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Laminate
  • Interior Amenities: Pantry, Bathroom With Tub, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 3053
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6415
  • LIST PRICE PER Sq Ft: 107.76
  • PRICE PER Sq Ft: 119.55
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Steam, Oil, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0037 P:00015,2496259
  • Zoning: 2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13936
  • Lot Size Units: Acres
  • PAGE: 335
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4717
  • Tax Book Number: 14067

Multi Family

  • Gross Income: 43500
  • Net Operating Income: 43500
  • Number Of Units Total: 3
  • Total Actual Rent: 3625
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2008
Sold by
Ferreira Helena N and Casimiro Helena N
Bought by
Casimiro Michael A
Current Estimated Value
$405,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Sawula Edward J
Bought by
Sawula Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.47%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Casimiro Michael A -- --
Casimiro Michael A -- --
Sawula Mark E $30,151 --
Sawula Mark E $30,151 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Enrique $346,750
Closed Santiago Enrique $346,750
Closed Casimiro Michael A $152,300
Closed Casimiro Michael A $153,900
Previous Owner Sawula Mark E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $365,000 +10.9% $120 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $329,000 -- $108 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,068 $334,300 $102,700 $231,600
2024 $4,717 $319,600 $100,700 $218,900
2023 $4,375 $288,800 $91,500 $197,300
2022 $4,336 $255,200 $79,600 $175,600
2021 $4,110 $233,400 $72,300 $161,100
2020 $3,242 $222,600 $72,300 $150,300
2019 $3,148 $215,400 $72,300 $143,100
2018 $4,123 $206,600 $68,900 $137,700
2017 $2,463 $204,300 $68,900 $135,400
2016 $3,067 $181,400 $68,900 $112,500
2015 $3,168 $180,600 $68,900 $111,700
2014 $1,584 $180,600 $68,900 $111,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216678

MLS Property Information Network (MLS PIN)

APN: CHIC-000037-000000-000015