Joel Almonte
Five Stars Realty LLC
(413) 288-5878
21 Total Sales
1 in Chicopee Falls
$491,000 Price
162 E Main St Chicopee, MA 01020
Chicopee Falls Neighborhood
6
Beds
4
Baths
2,682
Sq Ft
4,792
Sq Ft Lot
About This Home
As of June 2021Back on the market! Buyers got cold feet! Great opportunity! Lead paint compliant, 4 family investment property, fully rented with loads of recent updates. All units have been rehabbed since 2014! Rents here are below market rates, but still provide a solid cap rate for a savy investor to enjoy. Professionally managed with a solid rental history, this is a great opportunity to own a truly turn key building with good cashflow. 2 units are all electric, while the other 2 have gas hot water and gas heat all seperately metered. Situated very close to Chicopee falls, and less than 2 miles from area shopping and restaurants - this is a very convenient location for renters or owner occupiers alike - Come see this one before it is gone! Professional management available! 48 hour notice required please- do not disturb tenants.
Last Agent to Sell the Property
New England Realty Group
Gallagher Real Estate Listed on: 03/14/2021
Last Buyer's Agent
Leidy Polanco
Wachusett Real Estate
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,895
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Sloped Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,682 Sq Ft Home
- Unfinished Basement
- Dirt Floor
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 1 Car Parking Space
- Off-Street Parking
Additional Features
- Enclosed Patio or Porch
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $3,222
- Assessor Parcel Number 2501858
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $38,664
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$408,003
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 14, 2021
Closed on
Jun 1, 2021
Sold by
Bought by
Seller's Agent
New England Realty Group
Gallagher Real Estate
Buyer's Agent
Leidy Polanco
Wachusett Real Estate
List Price
$274,900
Sold Price
$279,000
Premium/Discount to List
$4,100
1.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 18, 2018
Closed on
Jul 26, 2018
Sold by
Bought by
Seller's Agent
Rehan Peerzada
M B C REALTORS®
Buyer's Agent
Sheba King
Gallagher Real Estate
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$424,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
May 22, 2013
Closed on
Aug 15, 2013
Sold by
Bought by
Seller's Agent
Agata Jarzynska
B & B Real Estate
Buyer's Agent
Rehan Peerzada
M B C REALTORS®
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.77%
Original Mortgage
$84,000
Interest Rate
4.31%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 1, 2011
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 5, 1999
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chicopee Falls, MA
-
Joel Almonte
-
Lucy Cordero
Lucy Cordero
KW Legacy Partners
(413) 287-7815
113 Total Sales
1 in Chicopee Falls
$220,000 Price
-
Cheryl Malandrinos
Cheryl Malandrinos
HB Real Estate, LLC
(413) 314-2727
79 Total Sales
1 in Chicopee Falls
$140,000 Price
-
Susan Lefebvre
Susan Lefebvre
HB Real Estate, LLC
(413) 420-5351
57 Total Sales
2 in Chicopee Falls
$260K - $310K Price Range
-
Karen Kirby
Karen Kirby
HB Real Estate, LLC
(860) 831-3977
97 Total Sales
14 in Chicopee Falls
$142K - $349K Price Range
-
Susan Lyons
Susan Lyons
HB Real Estate, LLC
(860) 901-1458
43 Total Sales
4 in Chicopee Falls
$145K - $439K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $435,000 | None Available | ||
| $280,000 | None Available | ||
| $215,000 | -- | ||
| $80,000 | -- | ||
| $63,000 | -- | ||
| -- | -- | ||
| $148,500 | -- | ||
| $148,500 | -- | ||
| $205,000 | -- | ||
| $205,000 | -- | ||
| $65,000 | -- | ||
| $50,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $413,250 | ||
| Previous Owner | $36,325 | ||
| Previous Owner | $274,928 | ||
| Previous Owner | $424,000 | ||
| Previous Owner | $84,000 | ||
| Previous Owner | $66,899 | ||
| Previous Owner | $61,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $279,000 | +1.5% | $104 / Sq Ft | |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- | |
| 04/04/2021 04/04/21 | For Sale | $274,900 | 0.0% | $102 / Sq Ft | |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- | |
| 03/05/2021 03/05/21 | For Sale | $274,900 | +27.9% | $102 / Sq Ft | |
| 07/26/2018 07/26/18 | Sold | $215,000 | -2.3% | $80 / Sq Ft | View Prior Sale |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- | |
| 05/23/2018 05/23/18 | For Sale | $220,000 | 0.0% | $82 / Sq Ft | |
| 02/14/2018 02/14/18 | Pending | -- | -- | -- | |
| 01/18/2018 01/18/18 | For Sale | $220,000 | +175.0% | $82 / Sq Ft | |
| 07/18/2013 07/18/13 | Sold | $80,000 | -19.2% | $17 / Sq Ft | View Prior Sale |
| 06/18/2013 06/18/13 | Pending | -- | -- | -- | |
| 05/22/2013 05/22/13 | For Sale | $99,000 | -- | $21 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,772 | $314,800 | $67,800 | $247,000 |
| 2024 | $4,509 | $305,500 | $66,500 | $239,000 |
| 2023 | $4,198 | $277,100 | $60,400 | $216,700 |
| 2022 | $4,229 | $248,900 | $52,600 | $196,300 |
| 2021 | $4,159 | $236,200 | $45,100 | $191,100 |
| 2020 | $3,895 | $223,100 | $45,100 | $178,000 |
| 2019 | $3,806 | $211,900 | $45,100 | $166,800 |
| 2018 | $3,704 | $202,300 | $43,000 | $159,300 |
| 2017 | $3,566 | $206,000 | $40,400 | $165,600 |
| 2016 | $3,470 | $205,200 | $40,400 | $164,800 |
| 2015 | $3,599 | $205,200 | $40,400 | $164,800 |
| 2014 | $3,388 | $205,200 | $40,400 | $164,800 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2021
New England Realty Group
Gallagher Real Estate
-
L
Buyer's Agent in 2021
Leidy Polanco
Wachusett Real Estate
-
R
Seller's Agent in 2018
Rehan Peerzada
M B C REALTORS®
-
S
Buyer's Agent in 2018
Sheba King
Gallagher Real Estate
-
A
Seller's Agent in 2013
Agata Jarzynska
B & B Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72797968
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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