Sold

828 Chicopee St, Chicopee, MA

Chicopee · MA 01013

$920,000
Price
23
Beds
8
Baths
10128
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1912
Units: 8 Units
Lot size: 4,791 Sq.Ft Lot
Price per square foot: $98 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

828 Chicopee 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:
922 days
Listing Price:
$990,000
Price per Sq.Ft:
$98
Tax Assessment:
$684,800 in 2024
Taxes:
$842 / Monthly

Home Facts

Interior Features

Bedrooms
23
Full Bathrooms
8
Half Bathrooms
0
Living Area
10,128 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
10128
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
4,791 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jeffrey Brochu
Listing office
Brochu Real Estate
MLS PIN #
73228648
Disclosure
Owner is doing a 1031 exchange with the proceeds and the buyers cooperation is required.