$475,000
119 Grape St
Chicopee, MA, 01013
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.
Property Details
Price:
$475,000
MLS #:
73324419
Status:
Active
Beds:
6
Baths:
5
Address:
119 Grape St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Chicopee
Listed Date:
Jan 8, 2025
State:
MA
Finished Sq Ft:
2,603
Total Sq Ft:
2,603
ZIP:
01013
Lot Size:
16,532 sqft / 0.38 acres (approx)
Year Built:
1905
Units:
5
Schools
Interior
Bathrooms
5 Full Bathrooms
Heating
Oil, Electric
Exterior
Community Features
Public Transportation, Shopping, Highway Access, Public School
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
10
Roof
Shingle
Financial
Tax Year
2024
Taxes
$4,458
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of M B C REALTORS®. 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.
119 Grape St
Chicopee, MA
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