119 Grape St , Chicopee, MA 01013
Chicopee, MA 01013
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.
Details
| MLS# | 73324419 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 103 |
| Listing Provided By | M B C REALTORS® | Maher Khatib |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,603 |
| Story(s) | 5 |
| Units | 5 |
| Zoning | 1 |
| Acreage | 0.38 |
Market Activity 01013
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Learn More About This Property
| State | MA |
|---|---|
| County | Hampden |
| City | Chicopee |
| Zip Code | 01013 |
| Area | Hampden |
| Listing VS Median (In 01013) | |
Price: $475,000 low | high Med: $285,375 SqFt: 2,603 low | high Med: 1,134 $ / SqFt: $182 low | high Med: $254 On site: 103 low | high Med: 173.500000 | |