NOT LISTED FOR SALE

Estimated Value: $341,000 - $459,000

6 Beds
3 Baths
3,096 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $350,000 $113 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,522/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Enclosed Patio or Porch
  • Deck
  • Wood Flooring
  • Laundry Room

About This Home

As of March 2022

Investment Opportunity! Fully rented 3 family in the heart of Chicopee. Easy access to 91 and 391 as well as the MA pike. Elms college is also close by. Some area amenities include shops, a park, restaurants, local entertainment and more. All 3 units have 2 bedrooms, one full bathroom, a pantry, a front and back porch as well as a storage cage in the basement. All 3 units also have beautiful hardwood floors and a built in hutch in the dining room. First floor unit has an additional room that could be an office or large walk in closet, gas heat and hot water as well as an enclosed front porch. Separate utilities for all 3 apartments. Additional separately deeded .11 acre lot included. Coin up laundry in basement. Showings Fri 10-4 and Sat 12-4 only. Highest and best by 6:00pm Sunday

Last Agent to Sell the Property

Jennifer Tetreault

Berkshire Hathaway HomeServices Realty Professionals Listed on: 02/15/2022

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Leslie Girand

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 3,096 Sq Ft Home
  • Triplex
  • Block Foundation
  • Frame Construction
  • Rubber Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,910
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks))
  • Assessor Parcel Number 2496748

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Electric Expense $308
  • Insurance Expense $3,067
  • Water Sewer Expense $1,531
  • Operating Expense $4,906
  • Net Operating Income $34,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Full, Concrete, Unfinished
  • Living Area: 3096
  • Stories Total: 6
  • MAIN LO: AN7274
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1531

Lot Info

  • Parcel Number: 2496748
  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5055

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3375.84

Multi Family

  • Electric Expense: 308
  • Insurance Expense: 3067
  • Net Operating Income: 34920
  • Number Of Units Total: 3
  • Operating Expense: 4906
  • Total Actual Rent: 2910
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 31, 2022
Sold by
Aucoin David M and Aucoin Tammy A
Bought by
Banda Harshawardhan and Banda Alamelu
Seller's Agent
Jennifer Tetreault
Berkshire Hathaway HomeServices Realty Professionals
Buyer's Agent
Leslie Girand
Real Broker MA, LLC
List Price
$299,900
Sold Price
$350,000
Premium/Discount to List
$50,100
16.71%
Current Estimated Value
$413,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,895
Avg. Annual Appreciation
4.65%
Original Mortgage
$221,000
Outstanding Balance
$179,342
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,553

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 2, 2014
Sold by
Diamondback Properties
Bought by
Aucoin David M and Aucoin Tammy A
Seller's Agent
Brandy Sullivan
Gallagher Real Estate
Buyer's Agent
Kathleen King
Park Square Realty
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$165,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Robert Anne M and Peltier Alphonse J
Bought by
Diamondback Propertie and Diamondback Paciorek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banda Harshawardhan $350,000 None Available
Aucoin David M $220,000 --
Aucoin David M $220,000 --
Diamondback Propertie $145,000 --
Propertie Diamondback $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banda Harshawardhan $221,000
Previous Owner Aucoin David M $165,000
Previous Owner Propertie Diamondback $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $350,000 +16.7% $113 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $299,900 +36.3% $97 / Sq Ft
04/02/2014 04/02/14 Sold $220,000 -15.4% $71 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $259,900 -- $84 / 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 $4,210 $277,700 $53,700 $224,000
2024 $3,897 $264,000 $52,600 $211,400
2023 $3,600 $237,600 $47,800 $189,800
2022 $3,566 $209,900 $41,600 $168,300
2021 $3,376 $191,700 $37,800 $153,900
2020 $3,159 $180,900 $37,800 $143,100
2019 $3,114 $173,400 $37,800 $135,600
2018 $3,043 $166,200 $36,000 $130,200
2017 $3,083 $178,100 $40,900 $137,200
2016 $2,980 $176,200 $40,900 $135,300
2015 $2,782 $158,600 $40,900 $117,700
2014 $1,391 $158,600 $40,900 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942702

MLS Property Information Network (MLS PIN)

APN: CHIC-000048-000000-000040