NOT LISTED FOR SALE

826 Chicopee St Chicopee, MA 01013

Willimansett Neighborhood
6 Beds
6.5 Baths
5,160 Sq Ft
2,614 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $425,000 $82 Per Sq Ft

134 Days on Market

About This Home

As of March 2022

NVESTORS ! GREAT OPPORTUNITY 8.44 CAP: IT'S A Turn-key 7 unit building. FEATURING: (6) three room/ one bedroom units and (1) storefront, This property is Professionally managed and the owner have taken pride in maintaining it. The owner has made many updates in the units. The rubber roof was installed in 2011. It's centrally located and is in a convenient location for tenants . Heat is included in the rent. This is a great Investment opportunity and he uniquely attractive to those looking for an affordable apartment. Imagine it even has a desirable return on your investment. The total approximate income.is $63000, Net operating Income. $38.000 with a 8.44% Cap. Great opportunity to purchase this 6 unit and 1 storefront unit that's been cared for and is well maintained, Even more ! It's turnkey and you can start collecting rent as soon as you close. Hurry and Schedule your showing today.

Last Agent to Sell the Property

Carol Smith

Home Equity Assets Realty, LLC Listed on: 08/08/2021

Last Buyer's Agent

Matthew Tortoriello

Wicked Good Homes, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,964

Year Built

  • Built in 1912

Lot Details

  • 2,614

Interior Spaces

  • 5,160 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $2,925
  • Rent includes unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
  • Assessor Parcel Number M:0581 P:00031

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Operating Expense $25,000
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,964

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1912
  • Buyer Agency Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 15

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 5160
  • Stories Total: 15
  • MAIN LO: AC1163
  • MAIN SO: AN6536

Exterior Features

  • Foundation Details: Other
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Electric,Gas,Water,Hot Water), Unit 4(Heat,Electric,Gas,Water,Hot Water)

Lot Info

  • Parcel Number: M:0581 P:00031
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.6
  • Lot Size Units: Acres
  • LOT SIZE: 2614

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4963.88

Multi Family

  • Net Operating Income: 38000
  • Number Of Units Total: 7
  • Operating Expense: 25000
  • Total Actual Rent: 2925
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

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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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $425,000 -5.6% $82 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $450,000 -- $87 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carol Smith

    Home Equity Assets Realty, LLC

    (413) 433-0252

    2 in this area

    105 Total Sales

    Carol Smith
    Section Image

  • M

    Buyer's Agent in 2022

    Matthew Tortoriello

    Wicked Good Homes, LLC

    (413) 218-0311

    1 in this area

    40 Total Sales

    Matthew Tortoriello
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72878125

MLS Property Information Network (MLS PIN)
Massachusetts Hampden County Chicopee 01013 Willimansett

826 Chicopee St, Chicopee, MA

Not Listed for Sale

MultiFamily

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