$990,000 ($97.75 per sqft)

Pending

Est. Mortgage $5,203/mo *

Quick Pre-Approval

828 Chicopee St, Chicopee, MA, 01013

828 Chicopee St, Chicopee, MA, 01013

40 rooms

23 beds

8 Full baths

1912

10,128 sqft

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.


Status:

Pending

Type:

Multi-family

Units:

8

Zoning:

111C

Heating:

Electric

Basement:

Full, Unfinished

Levels:

5

Parking:

8-car Off Street

Acreage:

0.11

Est. Taxes:

$10,108

Assessment

$684,800

Construction

Brick

Lot Description:

Easements

Amenities:

Public Transportation, Shopping, Pool, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School

Elementary School:

Fairview

Middle School:

Bellamy

High School:

Chicopee Comp

Appliances:

Range, Refrigerator

MLS #:

73228648

Buyer Agent Compensation:

2

Facilitator Compensation:

1

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Jeffrey Brochu, Brochu Real Estate Phone: 413-374-6858