NOT LISTED FOR SALE
17 Beds
6 Baths
6,960 Sq Ft
9,148 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $675,000 $97 Per Sq Ft

Highlights

  • Property is near public transit
  • Community Pool
  • Park
  • Wood Flooring
  • Living Room
  • Shops

About This Home

As of June 2024

Attention 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.

Last Agent to Sell the Property

Jeff Brochu

Brochu Real Estate Listed on: 04/12/2024

Last Buyer's Agent

Jeff Brochu

Brochu Real Estate Listed on: 04/12/2024

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,194

Year Built

Built in 1900

Lot Details

9,147 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Carpet, Hardwood, Wood
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 17
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 6960
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: J26200
  • MAIN SO: J26200

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Baseboard, Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Highway Access, House of Worship
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5992

Lot Info

  • Parcel Number: 2503305
  • Zoning: 111C
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7194.02

Multi Family

  • Electric Expense: 945
  • Insurance Expense: 6539
  • Net Operating Income: 58916
  • Number Of Units Total: 6
  • Operating Expense: 46084
  • Total Actual Rent: 8750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Chicopee Comp
  • Elementary School: Lambert Lavoie
  • Middle Or Junior School: Belamy
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $8,212 $541,700 $106,500 $435,200
2024 $7,194 $487,400 $104,400 $383,000
2023 $6,710 $442,900 $94,800 $348,100
2022 $6,429 $378,400 $82,500 $295,900
2021 $2,558 $367,100 $75,000 $292,100
2020 $6,088 $348,700 $74,300 $274,400
2019 $6,051 $336,900 $74,300 $262,600
2018 $5,887 $321,500 $70,700 $250,800
2017 $5,326 $307,700 $65,700 $242,000
2016 $5,276 $312,000 $65,700 $246,300
2015 $5,472 $312,000 $65,700 $246,300
2014 $5,151 $312,000 $65,700 $246,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73223484

MLS Property Information Network (MLS PIN)
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