NOT LISTED FOR SALE
18 Beds
6 Baths
5,655 Sq Ft
6,534 Sq Ft

Last Sold July 03, 2024

Last sale price $737,000 $130 Per Sq Ft

4 Days on Market

Highlights

  • Living Room
  • Central Heating
  • Level Lot

About This Home

As of July 2024

Investors this is a great opportunity to own a well maintained 6 Unit Apartment building where tenants pay all their own utilities. Every apartment has 3 bedrooms and 1 full bath room and many of the units have been remodeled since 2019 and a new roof was also installed in 2019. The building is fully occupied and the monthly rents range $1350-1475 providing a turn key income potential to the new owners. The property is currently professionally managed and maintained and has off street rear parking for tenants.

Last Agent to Sell the Property

Jeff Brochu

Brochu Real Estate Listed on: 04/04/2024

Last Buyer's Agent

Gramoz Mema

Naples Realty Group

Naples Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,777

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 5,655 Sq Ft Home
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Schools

  • Bowe Elementary School
  • Dupont Middle School
  • Chicopee High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $8,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 2497348

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $372
  • Insurance Expense $4,475
  • Water Sewer Expense $4,348
  • Operating Expense $41,703
  • Net Operating Income $62,697

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,777

Year Built

Built in 1915

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1915
  • 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: 9

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Dirt Floor, Unfinished
  • Living Area: 5655
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: J26200
  • MAIN SO: AN6415

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4348

Lot Info

  • Parcel Number: 2497348
  • Zoning: 1110
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8776.63

Multi Family

  • Electric Expense: 372
  • Insurance Expense: 4475
  • Net Operating Income: 62697
  • Number Of Units Total: 6
  • Operating Expense: 41703
  • Total Actual Rent: 8700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Chicopee High
  • Elementary School: Bowe
  • Middle Or Junior School: Dupont
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

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $737,000 -1.7% $130 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $750,000 +59.6% $133 / Sq Ft
09/16/2019 09/16/19 Sold $470,000 +4.4% $83 / Sq Ft View Prior Sale
06/30/2019 06/30/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $450,000 +55.2% $80 / Sq Ft
05/29/2013 05/29/13 Sold $290,000 -10.8% -- View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $325,000 -- --
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 $9,304 $613,700 $58,500 $555,200
2024 $8,776 $594,600 $57,300 $537,300
2023 $8,169 $539,200 $52,100 $487,100
2022 $7,586 $446,500 $45,300 $401,200
2021 $7,130 $404,900 $41,200 $363,700
2020 $5,559 $318,400 $41,200 $277,200
2019 $5,402 $300,800 $41,200 $259,600
2018 $5,259 $287,200 $39,200 $248,000
2017 $5,093 $294,200 $43,500 $250,700
2016 $5,078 $300,300 $43,500 $256,800
2015 $5,267 $300,300 $43,500 $256,800
2014 $5,848 $354,200 $43,500 $310,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73220203

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

Ask me questions while you tour the home.