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325 Front Street

Chicopee, MA 01013
  • $775,000
  • STATUS: Active
  • MLS #: 73053099
UPDATED: 219 min ago
$775,000
  • 11
    BEDS
  • 0.38
    ACRES
  • 7
    BATHS
  • 1
    1/2 BATHS
  • 8,231
    SQFT
  • $94
    $/SQFT
Type:
Multi-Family
Built:
1880
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Leslie Brunelle of Nrg Real Estate Services, Inc..

Description

ATTENTION INVESTORS - GREAT opportunity to purchase 2 investment properties in the Heart of Downtown Chicopee totaling 8 units. The addresses of the properties are 325 Front Street (4 units) and 30 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and most tenants will transfer. 325 Front Street is a 4 unit mixed-use property consisting of 1 commercial storefront with a longterm tenant and 3 apartments (2 - 2bedroom units and 1 - 3 bedroom unit). 30 Canal Street is a 4 unit building consisting of 3 - 1 bedroom units and 1 - 2 bedroom unit. Property is clean & well maintained. Replacement windows throughout most units. Tenants pay own utilities. Same owners for decades. Buildings, garages and appliances that transfer being sold in "As Is" condition.

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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. Data last updated 2022-12-05T00:04:21.177.
www.nrgrealestate.com/homes/134335936
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325 Front Street Chicopee, MA 01013

  • Price: $775,000
  • Status: Active
  • On Site: Days
  • Updated: 219 min ago
  • MLS #: 73053099
11
Beds
7
Baths
1
½ Baths
0.38
Acres
8,231
SQFT
$94
$/SQFT
1880
Built
County:
Hampden
Elementary School:
Bowe
Middle School:
Dupont
High School:
Chicopee High
Property Description
ATTENTION INVESTORS - GREAT opportunity to purchase 2 investment properties in the Heart of Downtown Chicopee totaling 8 units. The addresses of the properties are 325 Front Street (4 units) and 30 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and most tenants will transfer. 325 Front Street is a 4 unit mixed-use property consisting of 1 commercial storefront with a longterm tenant and 3 apartments (2 - 2bedroom units and 1 - 3 bedroom unit). 30 Canal Street is a 4 unit building consisting of 3 - 1 bedroom units and 1 - 2 bedroom unit. Property is clean & well maintained. Replacement windows throughout most units. Tenants pay own utilities. Same owners for decades. Buildings, garages and appliances that transfer being sold in "As Is" condition.
Exterior Features

Color White Grrn Construction Materials Frame Covered Spaces 5 Exterior Features Varies Per Unit Fencing Fenced/EnclosedFenced Garage YN Yes Lot Features Corner LotLevel Open Parking YN Yes Parking Features Paved DriveOff StreetOn StreetAssigned Parking Total 6 Patio And Porch Features Porch Road Frontage Type Public Road Surface Type Paved Roof ShingleRubber Waterfront YN No

Interior Features

Appliances Gas Water HeaterElectric Water HeaterTank Water HeaterWater Heater(Varies Per Unit)Utility Connections For Gas RangeUtility Connections For Electric RangeUtility Connections For Gas OvenUtility Connections For Electric OvenUtility Connections For Gas DryerUtility Connections For Electric DryerUtility Connections Varies Per Unit Basement FullUnfinished Building Area Total 8231 Cooling Unit 1(None) Cooling Units 0 Cooling YN No Cooling Zones 0 Fireplace YN No Fireplaces Total 0 Flooring VinylVaries Per UnitLaminateHardwood Foundation Details Brick/Mortar Heat Units 8 Heat Zones 8 Heating Unit 1(Electric Baseboard)Unit 2(Electric Baseboard)Unit 3(Electric Baseboard)Unit 4(Electric Baseboard) Heating YN Yes Interior Features Unit 2 Rooms(Living RoomKitchen)Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Living RoomKitchen) Laundry Features Washer Hookup Lead Paint Unknown Rooms Total 28

Property Features

Buyer Agency Compensation 2.5 Community Features Public TransportationShoppingTennis Court(S)ParkMedical FacilityLaundromatBike PathHighway AccessPrivate SchoolPublic SchoolUniversity Disclosures Sellers Have Not Lived In The Property For Many Years. Both Properties Being Sold Together As Package Only. Buildings & Garages Being Sold In "As Is" Condition. 3 Car Garage On Canal Street PropertyBut Doors Open On Front St. Property. No Stairs To Basement In That Garage. Tax Bills Are Separate. Electric Circuit BreakersIndividually MeteredVaries Per Unit Electric Expense 930 Exclusions Car In Garage Not Remaining. Green Energy Efficient Varies Per Unit Gross Income 80460 Insurance Expense 8146 Net Operating Income 67467 Operating Expense 12993 Property Sub Type 5-9 Family Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Sewer Public Sewer Tax Annual Amount 6605.71 Tax Year 2022 Total Actual Rent 6705 Transaction Broker Compensation 1 Utilities For Gas RangeFor Electric RangeFor Gas OvenFor Electric OvenFor Gas DryerFor Electric DryerWasher HookupVaries Per Unit Water Sewer Expense 3397 Water Source Public Year Built Details Approximate Zoning Mixed Use

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Leslie Brunelle of Nrg Real Estate Services, Inc.: 413-567-2100.


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. Data last updated 2022-12-05T00:04:21.177.
 
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Listing courtesy of Leslie Brunelle of Nrg Real Estate Services, Inc..