Homes for sale - 119 Grape St, Chicopee, MA 01013

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Desiree Taylor

dtaylor@desiredhomes.org +1(978) 269-7185

$ 515,000

Est. payment | -/mo

6 Beds

5 Baths

2,603 SqFt

Save

$ 515,000

Est. payment | -/mo

Save

6 Beds

5 Baths

2,603 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 2,603 sqft

Price per Sqft $197

MLS Listing ID 73324419

Bedrooms 6

Full Baths 5

Year Built 1905

Annual Tax Amount $4,458

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Description

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you're a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.

Location

State MA

County Hampden

Zoning 1

Direction Off Springfield Street.

Interior

Interior Features Living Room, Kitchen, Living RM/Dining RM Combo

Heating Oil, Electric

Exterior

Community Features Public Transportation, Shopping, Highway Access, Public School

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by M B C REALTORS®

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts, 01970, United States

119 Grape St Chicopee, MA 01013