Off Market

16 Grape St, Chicopee, MA

Chicopee · MA 01013

$2,900,000
Price
63
Beds
29
Baths
27000
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 29 Units
Lot size: 0.39 Acre Lot
Price per square foot: $107 / Sq.Ft
Parking: No Parking

About this home

NEW opportunity to purchase a cash flowing 29-unit portfolio, in an emerging Chicopee market! This portfolio consists of 29 units, of which 22 are all on one block, the other 7 Units are only a few minutes away (726 Chicopee St). The other 3 commercial spaces are home to 3 long term tenants, two salons and one storefront style church. Utilities are tenant paid, including electric heat in all 29 units. Many updates throughout, including electrical panels, water heaters, and updated units. Additional upside through increasing current rent roll. Professional management company handles the daily operations. Perfect for an investor looking for a hands off income producing asset.

Neighborhood & Transit

16 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:
1071 days
Listing Price:
$2,900,000
Price per Sq.Ft:
$107
Tax Assessment:
$1,784,200 in 2023
Taxes:
$2,600 / Monthly

Home Facts

Interior Features

Bedrooms
63
Full Bathrooms
29
Half Bathrooms
0
Living Area
27,000 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
27000
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, 100 Amps

Exterior Features

Lot Size
17,152 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Shingles
Roof
Unknown

Green Features

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

Listing information

Listing agent
David Vilkhovoy
Listing office
Naples Realty Group
MLS PIN #
73183242
Disclosure
Buyers and Buyer's Agent to do their own due diligence. No Representation or Warranty by Seller.