NOT LISTED FOR SALE

45 Lafayette St Chicopee, MA 01020

Aldenville Neighborhood
12 Beds
6 Baths
5,088 Sq Ft
7,405 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $350,000 $69 Per Sq Ft

44 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Laundry Room
  • Wood Flooring
  • Tandem Parking
  • Shops

About This Home

As of September 2016

Location, Location, sweet location. In the heart of Aldenville sits this meticulously maintained six family with separate utilities throughout. All units are heated by natural gas with gas hot water heaters. Three of the six apartments have heating systems three years old or less. Two driveways only being used by first floor tenants. Perfect as a owner occupied residence or a fantastic investment. Long term owner with below market tenant rents which could easily be raised. If you have been looking for an investment property in Chicopee with potential for growth and the possibility of over $50,000 per year in gross revenue, then this one's for you. Call today to make your appointment.

Last Agent to Sell the Property

Roger Trombly

Coldwell Banker Realty - Western MA Listed on: 06/27/2016

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Roger Trombly

Coldwell Banker Realty - Western MA Listed on: 06/27/2016

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 5,088 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Insulated Doors

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 6 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,095
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0364 P:00029,2505623

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $216
  • Insurance Expense $2,846
  • Water Sewer Expense $5,068
  • Operating Expense $8,130
  • Net Operating Income $37,474

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,276

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Year Built: 1915
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood,Carpet, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet), Unit 3(Hardwood Floors,Wall to Wall Carpet), Unit 4(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Lead Certification Available,Bathroom with Shower Stall), Unit 2(Lead Certification Available,Bathroom with Shower Stall), Unit 3(Lead Certification Available,Bathroom with Shower Stall), Unit 4(Lead Certification Available,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator,Dryer), Unit 4(Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 5088
  • Stories Total: 9
  • Window Features: Insulated Windows, Screens
  • MAIN LO: an6181
  • MAIN SO: an6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame, Block
  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas,Unit Control), Unit 3(Gas,Individual,Space Heater), Unit 4(Forced Air,Gas,Individual,Unit Control)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5068

Lot Info

  • Parcel Number: M:0364 P:00029,2505623
  • Zoning: Multi Fam
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7405

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5276

Multi Family

  • Electric Expense: 216
  • Insurance Expense: 2846
  • Net Operating Income: 37474
  • Number Of Units Total: 6
  • Operating Expense: 8130
  • Total Actual Rent: 4095
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
09/30/2016 09/30/16 Sold $350,000 -5.4% $69 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $369,900 -- $73 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roger Trombly

    Seller's Agent in 2016

    Roger Trombly

    Coldwell Banker Realty - Western MA

    (413) 221-4600

    1 in this area

    80 Total Sales

    Roger Trombly
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72029728

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Chicopee 01020 Aldenville

45 Lafayette St, Chicopee, MA

Not Listed for Sale

MultiFamily

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