About 924 Chicopee St
Dive into an exceptional investment opportunity in Chicopee! This property offers a solid 10% cap rate, with potential to rise to 13%. It features 22 residential and 4 commercial spaces, fully leased out, except 1 residential unit. With 6 three-bedroom, 8 two-bedroom, and 8 one-bedroom units, most recently renovated, it promises comfortable living. Upgrades include individual electric hot water tanks, new windows, a boiler, and refreshed back porches and roof. Rent covers heat, water, and sewer, while tenants handle electric, hot water, and gas bills. Don't miss out on this lucrative chance to invest in Chicopee's real estate market. Schedule a showing today!
Features of 924 Chicopee St
| MLS® # | 73228463 |
|---|---|
| Price | $2,979,000 |
| Bathrooms | 0.00 |
| Square Footage | 30,343 |
| Acres | 0.21 |
| Year Built | 1901 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 924 Chicopee St |
|---|---|
| City | Chicopee |
| County | Hampden |
| State | MA |
| Zip Code | 01013-2735 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | 113 |
|---|
Listing Details
| Agent | Pankaj Gupta |
|---|---|
| Office | KW Pinnacle Central |
| Buyer Agent Compensation | 1.5% |
| Buyer Agent Compensation Type | % |