Seller's Agent in 2024
Jeff Brochu
Brochu Real Estate
(413) 374-6858
6 in this area
54 Total Sales
194 Grattan St Chicopee, MA 01020
Chicopee Falls Neighborhood
17
Beds
6
Baths
6,960
Sq Ft
9,147
Sq Ft Lot
Highlights
- Property is near public transit
- Community Pool
- Park
- Wood Flooring
- Living Room
- Shops
About This Home
As of June 2024Attention investors, this is a chance to own a well maintained 6 Unit Apartment building with 5 3 bedroom apartments and 1 , 2 bedroom apartment. The current rents range from $1375-$1500. Many of the apartments are remodeled after turnover of tenants in the past few years. The rent includes heat and hot water which is provided by a boiler that was replaced in 2021 and then converted to gas in 2023. There is electric security gate and private parking in the back for tenants. This building is being sold in connection with 186 Grattan St, an almost identical 6 Unit Building that is on the same property and the same deed. The asking price for the two properties together is $1,400,000.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,194
Year Built
- Built in 1900
Lot Details
- 9,147 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 6,960 Sq Ft Home
- Living Room
- Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 17 Bedrooms
- 6 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
Schools
- Lambert Lavoie Elementary School
- Belamy Middle School
- Chicopee Comp High School
Utilities
- Central Heating
- 6 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $8,750
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
- Assessor Parcel Number 2503305
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Community Pool
- Park
Building Details
- Electric Expense $945
- Insurance Expense $6,539
- Water Sewer Expense $5,992
- Operating Expense $46,084
- Net Operating Income $58,916
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2024 06/12/24 | Sold | $675,000 | -3.6% | $97 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $700,000 | -- | $101 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jeff Brochu
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73223484
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