Address
828 Chicopee St, Chicopee, MA
Price
$ 990,000
Property Attributes
- MLS#73228648
- TypeContingent
- CountyHAMPDEN
- CityChicopee
- Zip01013
- Style5-9 Family
- Year Built1912
- Taxes$ 10107
- Price$ 990,000
- Bedrooms23
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage10128
- Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Investors take notice of this income producing 8 Unit apartment building!! There are (7) 3 bedroom units and (1) 2 bedroom unit. The tenants pay their own electric baseboard heat and electric hot water, and have one parking space each in the rear of the building which is accessed through a right of way off the adjacent side street. The building is currently professionally managed and maintained. There is one vacant 3 bedroom unit that is easy to show. The new owner is required to assume the MRVP Rental Voucher Program with Wayfinders which requires 5 of the 8 units to be rented through this program. The approved rents for these units is $1,669 as of 05/01/2024. The current owner is doing a 1031 exchange with the proceeds, and the buyers cooperation is required.
| Elementary School | Middle School | High School |
|---|---|---|
| Fairview Elementary School | Bellamy Middle School | Chicopee Comp High School |
| Price History | |
|---|---|
| 4/25/2024 | Listed $990,000 |
General Features
| Interior Features | Living Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Roof | Rubber |
| Appliances | Range,Refrigerator |
| Zoning | 111C |
| Construction Materials | Brick |
| Year Built | 1912 |
| Electric | Circuit Breakers |
| Property SubType | 5-9 Family |
| Tax Year | 2024 |
| Gross Income | 136800 |
| Community Features | Public Transportation,Shopping,Pool,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School |
| County | Hampden |
| Net Operating Income | 89223 |
| Operating Expense | 47577 |
| Insurance Expense | 8275 |
| Property Type | Residential Income |
| Contingency | Inspection |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water) |
| Total Rooms | 40 |
| Status | Contingent |
| Directions | Rt 116 is Chicopee St |
| High School | Chicopee Comp |
| City | Chicopee |
| Disclosures | Owner is doing a 1031 exchange with the proceeds and the buyers cooperation is required. |
| Senior Community Y/N | No |
| Total Units | 8 |
| Lot Size Square Feet | 4791 |
| Waterfront Y/N | No |
| Street Name | Chicopee St |
| Elementary School | Fairview |
| Year Built Details | Actual |
| Tax Annual Amount | 10107.65 |
| Electric Expense | 975 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Bellamy |
| Water Sewer Expense | 4520 |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 684800 |
| Total Actual Rent | 13058 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Flooring | Laminate |
| Total Stories | 5 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 8 |
| Total Bedrooms | 23 |
| Total Baths | 8 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Easements |
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 0.11 |
| Foundation Details | Brick/Mortar |
| Spa | No |
| Building Area Total | 10128 |
| Lot Size Acres | 0.11 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 01013
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
