Seller's Agent in 2022
Ed Nunez
NRG Real Estate Services, Inc.
(413) 374-9943
2 in this area
116 Total Sales
18 Ferry St Chicopee, MA 01013
Willimansett NeighborhoodEstimated Value: $362,000 - $497,446
9
Beds
3
Baths
3,238
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Enclosed Patio or Porch
- Coin Laundry
- Balcony
- Shops
- Level Lot
About This Home
As of October 2022Cash Cow!!! DO NOT miss your opportunity to purchase this tastefully remodeled, legal 3 family home that has the potential to produce over $50K yearly in gross rents!!! Minutes away from 391 access and all major stores & restaurants in the area. Each unit has 3 bedrooms with a large eat-in kitchen, a pass thru to the living room along with an enclosed porch in the front and the back of the units. Electrical service has been updated on the property and includes three separate electrical meters along with three separate heating units allowing utilities to be paid by the tenants. Lead certificates available for each unit! First floor unit will be delivered vacant at closing. This property may also qualify for the $16K Chicopee multi-family home buyer incentive grant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,708
Year Built
- Built in 1910
Lot Details
- 6,000 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,238 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer Hookup
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Fairview Elementary School
- Bellamy Middle School
- Chicopee Comp High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,300
- Rent includes unit 2(water), unit 3(water)
- Assessor Parcel Number M:0527 P:00009,2509244
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Building Details
- Net Operating Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2005
Sold by
Robert Donald J and Robert Jeanne M
Bought by
Robert Donald J
Current Estimated Value
Purchase Details
Closed on
May 31, 1996
Sold by
Fhlmc
Bought by
Grzyb Stefan and Grzyb Krystyna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,350
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 1994
Sold by
Pise John J and Pise Susan E
Bought by
Fhlmc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert Donald J | -- | -- | |
| Grzyb Stefan | $30,000 | -- | |
| Fhlmc | $49,011 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fhlmc | $35,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $415,000 | -7.8% | $128 / Sq Ft | |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- | |
| 07/15/2022 07/15/22 | For Sale | $450,000 | +55.2% | $139 / Sq Ft | |
| 09/13/2019 09/13/19 | Sold | $290,000 | +1.8% | $90 / Sq Ft | View Prior Sale |
| 07/08/2019 07/08/19 | Pending | -- | -- | -- | |
| 06/24/2019 06/24/19 | For Sale | $284,900 | 0.0% | $88 / Sq Ft | |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- | |
| 06/03/2019 06/03/19 | For Sale | $284,900 | -- | $88 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,553 | $366,300 | $81,200 | $285,100 |
| 2024 | $5,147 | $348,700 | $79,700 | $269,000 |
| 2023 | $4,757 | $314,000 | $72,400 | $241,600 |
| 2022 | $4,708 | $277,100 | $63,000 | $214,100 |
| 2021 | $4,454 | $252,900 | $57,200 | $195,700 |
| 2020 | $3,836 | $219,700 | $57,200 | $162,500 |
| 2019 | $3,702 | $206,100 | $57,200 | $148,900 |
| 2018 | $3,722 | $197,500 | $54,500 | $143,000 |
| 2017 | $3,722 | $215,000 | $54,500 | $160,500 |
| 2016 | $3,208 | $189,700 | $54,500 | $135,200 |
| 2015 | $3,098 | $176,600 | $54,500 | $122,100 |
| 2014 | $2,916 | $176,600 | $54,500 | $122,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Nunez
-
New Homes Realty Group
N
Buyer's Agent in 2022
New Homes Realty Group
Gallagher Real Estate
(413) 505-7826
21 in this area
584 Total Sales
-
Teresa Skora
Seller's Agent in 2019
Teresa Skora
Ideal Real Estate Services, Inc.
(413) 204-5667
56 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73012657
APN: CHIC-000527-000000-000009
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