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

Sale Details

Date 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

  • 10,890 Sq Ft 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

0.25 Acres

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,420 $357,500 $84,500 $273,000
2024 $5,122 $347,000 $82,800 $264,200
2023 $4,771 $314,900 $75,300 $239,600
2022 $4,465 $262,800 $65,500 $197,300
2021 $4,603 $261,400 $59,500 $201,900
2020 $3,164 $181,200 $39,700 $141,500
2019 $3,095 $172,300 $39,700 $132,600
2018 $3,010 $164,400 $37,800 $126,600
2017 $3,005 $173,600 $42,300 $131,300
2016 $3,181 $188,100 $42,300 $145,800
2015 $3,299 $188,100 $42,300 $145,800
2014 $3,106 $188,100 $42,300 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72913758

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.