NOT LISTED FOR SALE

229 Grattan St Chicopee, MA 01020

Chicopee Falls Neighborhood

Estimated Value: $410,389

6 Beds
3.5 Baths
4,146 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $365,000 $88 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,151/month

14 Days on Market

Highlights

  • Medical Services
  • Sun or Florida Room
  • Home Office
  • Property is near public transit
  • Corner Lot
  • Porch

About This Home

As of July 2023

INVESTORS and SAVVY Buyers take notice an EXTREMELY RARE Mixed Use Commercial/Residential property with great rental history! The first floor commercial unit measures at just over 1000 sq. feet. Currently operating as a chiropractors office with commercial lease, updated interior, newly installed rubber roof. Renovated first floor 2 bedroom 1 bath unit, tenant occupied , renovated 2nd floor 2 bedroom 1 bath unit, tenant occupied and a Amazing opportunity to finish what was started, a 3rd floor 2 bedroom 1 bath unit can be owner occupied or extra income opportunity. 3rd floor is stripped to the studs needs complete rehab. Tenants pay own utilities. Coin op laundry. ALL Units Separately Metered Utilities, natural gas heat, separate breaker panels SO MANY OPPORTUNITIES AND SO MUCH POTENTIAL ON THIS Income producing gem. All measurements are approximate. Buyer/buyer's agent to verify info. Rehab or CASH sale only. Final and Best offers by Tuesday 5pm

Last Agent to Sell the Property

Hollie Hamelin

Real Broker MA, LLC Listed on: 05/23/2023

Real Broker MA, LLC

Last Buyer's Agent

Nicole Tavares

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,780

Year Built

  • Built in 1900

Lot Details

  • 7,064 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 4,146 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $3,650
  • Rent includes unit 1(water), unit 2(water), unit 3(water)

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $2,520
  • Insurance Expense $2,795
  • Water Sewer Expense $840
  • Operating Expense $13,097
  • Net Operating Income $32,143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,780

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Other
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 4146
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Screens
  • MAIN LO: AN6797
  • MAIN SO: AN7645

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Window Unit(s)
  • Heating: Baseboard, Forced Air
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 840

Lot Info

  • Zoning: RES-C
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 7064
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7780

Multi Family

  • Electric Expense: 2520
  • Insurance Expense: 2795
  • Net Operating Income: 32143
  • Number Of Units Total: 4
  • Operating Expense: 13097
  • Total Actual Rent: 3650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2003
Sold by
Chapdelaine Alfred E and Chapdelaine Florence F
Bought by
Guyer Christine A and Ledoux Janice M
Current Estimated Value
$410,389
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
Guyer Christine A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $365,000 -2.7% $88 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/04/2023 06/04/23 Price Changed $375,000 -1.1% $90 / Sq Ft
05/30/2023 05/30/23 Price Changed $379,000 -10.8% $91 / Sq Ft
05/23/2023 05/23/23 For Sale $425,000 +263.2% $103 / Sq Ft
02/27/2013 02/27/13 Sold $117,000 -16.4% $29 / Sq Ft View Prior Sale
01/28/2013 01/28/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $140,000 -- $34 / 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 -- $369,100 $89,400 $279,700
2024 -- $360,700 $87,600 $273,100
2023 $0 $401,700 $104,700 $297,000
2022 $7,778 $356,400 $94,300 $262,100
2021 $0 $354,800 $88,000 $266,800
2020 $0 $354,200 $87,400 $266,800
2019 $0 $332,300 $87,400 $244,900
2018 $0 $319,900 $84,400 $235,500
2017 $0 $283,200 $83,400 $199,800
2016 $1,821 $207,800 $58,400 $149,400
2015 $1,821 $172,800 $58,400 $114,400
2014 $1,821 $174,800 $83,400 $91,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hollie Hamelin

    Real Broker MA, LLC

    Section Image
  • Nicole Tavares

    Buyer's Agent in 2023

    Nicole Tavares

    Real Broker MA, LLC

    (413) 265-9018

    3 in this area

    67 Total Sales

    Nicole Tavares
    Section Image

  • A

    Seller's Agent in 2013

    Authier LaDuke Team

    Coldwell Banker Realty - Western MA

    (413) 536-0573

    7 in this area

    120 Total Sales

    Authier LaDuke Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73115054

MLS Property Information Network (MLS PIN)

APN: CHIC-000256-000000-000052

Massachusetts Hampden County Chicopee 01020 Chicopee Falls

229 Grattan St, Chicopee, MA

Not Listed for Sale

MultiFamily

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