NOT LISTED FOR SALE

Estimated Value: $273,000 - $334,000

4 Beds
2 Baths
2,548 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $190,000 $75 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,957/month

41 Days on Market

About This Home

As of January 2021

ATTENTION INVESTORS - Amazing and RARE opportunity to purchase 5 investment properties in the Heart of Downtown Chicopee totaling 19 units. All are in close proximity to one another making management easy. Same owners for decades. The addresses of the properties are 310 Front Street (2 units), 318 Front Street (6 units), 339 Front Street (3 units), 30 Canal Street (4 units) and 22 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and ALL tenants will transfer. Sellers will not consider vacating any of the units as part of the sale. 310 Front Street is a 2-unit vinyl sided house that makes $1950 gross monthly. Property is clean and well maintained. Replacement windows throughout. Each apartment has 2 bedrooms and 1 bathroom and washer/dryer hookups. Tenants pay their own utilities. GROSS $23,400 Annually.

Last Agent to Sell the Property

Leslie Brunelle

NRG Real Estate Services, Inc. Listed on: 10/07/2020

Last Buyer's Agent

Russell Sabadosa

Premier Choice Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1847

Lot Details

  • 5,227

Parking

  • 2 Car Garage

Additional Features

  • Wood Flooring
  • Porch
  • Oil Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1847

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1438
  • Year Built Description: Actual
  • List Price Per Sq Ft: 102.04
  • Comp Based On: Net Sale Price
  • Year Built: 1847
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1847

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: M95357
  • Main So: M95398
  • Estimated Sq Ft: 2548.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Oil, Electric, Varies Per Unit
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Private School, Public School, University

Lot Info

  • Assessments: 177700.00
  • Acre: 0.12
  • Lot Size: 5283.00
  • Page: 108
  • Zoning: 1
  • Lot Description: Level

Green Features

  • Energy Features: Varies per Unit

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 3102.64
  • Assessor Parcel Number: 2498981
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Paf Irt and Frogameni
Bought by
Jonah Holdings Llc
Current Estimated Value
$310,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$648,358
Interest Rate
6.62%
Mortgage Type
Commercial
Estimated Equity
-$338,025

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 27, 2021
Sold by
Kv Properties Llc
Bought by
Paf Irt
Seller's Agent
Leslie Brunelle
NRG Real Estate Services, Inc.
Buyer's Agent
Russell Sabadosa
Premier Choice Realty, Inc.
List Price
$260,000
Sold Price
$190,000
Premium/Discount to List
-$70,000
-26.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$615,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2008
Sold by
Vyce Sandra Lee and Klett Shirley M
Bought by
Kv Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Jonah Holdings Llc $840,000 None Available
Paf Irt $819,000 None Available
Kv Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonah Holdings Llc $660,000
Previous Owner Paf Irt $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $190,000 -26.9% $75 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $260,000 -- $102 / 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 $4,023 $265,400 $54,400 $211,000
2024 $3,805 $257,800 $53,400 $204,400
2023 $3,554 $234,600 $48,500 $186,100
2022 $3,483 $205,000 $42,200 $162,800
2021 $3,305 $187,700 $38,300 $149,400
2020 $3,103 $177,700 $38,300 $139,400
2019 $2,981 $166,000 $38,300 $127,700
2018 $2,917 $159,300 $36,500 $122,800
2017 $2,846 $164,400 $41,300 $123,100
2016 $2,680 $158,500 $41,300 $117,200
2015 $2,524 $143,900 $41,300 $102,600
2014 $2,376 $143,900 $41,300 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72739088

MLS Property Information Network (MLS PIN)

APN: CHIC-000097-000000-000037