63 Olea St, Chicopee, MA, 01020 | $449,900

***HIGHEST AND BEST DUE SUNDAY 11/24/24 @ 8pm. ***INVESTORS TAKE NOTICE! 3RD FLOOR IS CURRENTLY BEING RENOVATED & RENT HAS INCREASED!!! This 3 family is ready for new ownership. No need to find tenants. This home comes with long term tenants that are on month to month leases. Conveniently located just minutes from I91 and 391. Each unit hosts 2 bedrooms, eat in kitchen with laundry hookups on same level and large enclosed front porches. In the back you will find a pleasantly large back yard with ample parking. Many newer updates done (APO) 2019 new roof, new driveway, removed trees and put up new fence. 2021 New water heaters 1st and 2nd floor. New furnace 3rd floor. 2024 New water heater 3rd floor. All showings are deferred to Open House Friday 9/20 4-6pm and Saturday 9/21 10-12pm.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 3 full
  • Units: 3
  • Laundry: Washer & Dryer Hookup
  • Year Built: 1931
  • Approx Sq. Feet: 2,592
  • Acreage: 0.23
  • Est. Taxes: $4,127
  • Lot Desc: Cleared
  • Appliances: Range, Dishwasher, Refrigerator
  • MLS#: 73292092
  • Website: https://www.raveis.com
    /prop/73292092/63oleast_chicopee_ma?source=qrflyer
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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Katherine Riley courtesy of Riley Home Realty, LLC

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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63 Olea St, Chicopee, MA, 01020

$449,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $359,920 $359,920 $359,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $344 $344 $344
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,395 $2,392 $3,086
Total Monthly Payment $2,814 $2,811 $3,505

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.