Off Market

119 Grape St, Chicopee, MA

Chicopee · MA 01013

$450,000
Price
6
Beds
5
Baths
2603
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 5 Units
Lot size: 0.38 Acre Lot
Price per square foot: $173 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you?re a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.

Neighborhood & Transit

119 Grape St, Chicopee · MA 01013

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
664 days
Listing Price:
$450,000
Price per Sq.Ft:
$173
Tax Assessment:
$302,000 in 2024
Taxes:
$372 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
5
Half Bathrooms
0
Living Area
2,603 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2603
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
16,532 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Maher Khatib
Listing office
M B C REALTORS®
MLS PIN #
73324419