NOT LISTED FOR SALE
10 Beds
10 Baths
6,988 Sq Ft
0.25 Acres

Last Sold May 13, 2022

Last sale price $600,000 $86 Per Sq Ft

111 Days on Market

Highlights

  • Property is near public transit and schools
  • Enclosed Patio or Porch
  • Heating Available
  • Corner Lot
  • Shops

About This Home

As of May 2022

A rare opportunity to purchase a ten-family home that is fully-occupied and located close to downtown Chicopee! This multi-family is close to many area amenities such as shopping, local eateries and much more! The property consists of two buildings (a six-family and a four-family) sharing a common wall. The six-family has two one-bedroom apartments, two studio apartments, and two two-bedroom apartments. The four-family has four studio apartments.

Last Agent to Sell the Property

Nikolay Yusenko

Class Realty, Inc. Listed on: 10/28/2021

Last Buyer's Agent

Pankaj Gupta

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,884

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 6,988 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Parking

  • 20 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,100
  • Rent includes unit 1(water)

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $1,500
  • Insurance Expense $2,000
  • Water Sewer Expense $1,500
  • Operating Expense $12,500
  • Net Operating Income $63,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,884

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Electric Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Full
  • Living Area: 6988
  • Stories Total: 6
  • MAIN LO: NB4816
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water)

Fee Information

  • Water Sewer Expenses: 1500

Lot Info

  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • LOT SIZE: 10790

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9884.49

Multi Family

  • Electric Expense: 1500
  • Insurance Expense: 2000
  • Net Operating Income: 63900
  • Number Of Units Total: 10
  • Operating Expense: 12500
  • Total Actual Rent: 7100
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $600,000 -7.7% $86 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $649,900 -- $93 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72913758

MLS Property Information Network (MLS PIN)