NOT LISTED FOR SALE
12 Beds
12 Baths
8,244 Sq Ft
0.42 Acres

Last Sold September 24, 2024

Last sale price $1,175,000 $143 Per Sq Ft

17 Days on Market

About This Home

As of September 2024

Multi-family investment property located at 50 Linden Street in Chicopee, Massachusetts. The three-story, multifamily brick building contains twelve (12), 1-Bedroom/1-Bathroom units with 5,496 square feet of gross living area in 11,685 square feet of gross area, on a 0.42-acre parcel of land. The Property features abundant on-site parking with thirteen (13) spaces for residents and visitors. The Property is separately metered for electricity and heat which the tenants pay directly. The Landlord is responsible for common area electric, hot water and domestic water and sewer.• Newer Roof• New Alarm System Installed• Updated Electrical• Coin-Op Laundry Room

Last Agent to Sell the Property

Michael Bradley

Horvath & Tremblay Listed on: 07/11/2024

Last Buyer's Agent

Michael Bradley

Horvath & Tremblay Listed on: 07/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,509

Year Built

  • Built in 1900

Lot Details

  • 0.42 Acre Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 8,244 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $12,695
  • Assessor Parcel Number 2501824

Community Details

Overview

  • 12 Units
  • Property has 1 Level

Building Details

  • Operating Expense $53,735
  • Net Operating Income $103,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,509

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1900
  • Buyer Agency Type: %
  • 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: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Basement: Full
  • Living Area: 8244
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2501824
  • Zoning: 1120
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10509

Multi Family

  • Net Operating Income: 103405
  • Number Of Units Total: 12
  • Operating Expense: 53735
  • Total Actual Rent: 12695
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1
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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
09/24/2024 09/24/24 Sold $1,175,000 0.0% $143 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,175,000 -- $143 / 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 $12,073 $796,400 $90,000 $706,400
2024 $10,509 $712,000 $90,000 $622,000
2023 $9,934 $655,700 $90,000 $565,700
2022 $9,706 $571,300 $90,000 $481,300
2021 $3,831 $650,100 $90,000 $560,100
2020 $10,761 $616,300 $90,000 $526,300
2019 $10,665 $593,800 $90,000 $503,800
2018 $10,461 $571,300 $90,000 $481,300
2017 $3,466 $594,600 $90,000 $504,600
2016 $9,975 $589,900 $90,000 $499,900
2015 $10,347 $589,900 $90,000 $499,900
2014 $9,739 $589,900 $90,000 $499,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73263241

MLS Property Information Network (MLS PIN)