Chicopee, MA 01013,924 Chicopee St
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Chicopee, MA 01013,924 Chicopee St
Chicopee, MA 01013,924 Chicopee St

$2,979,000

Est. payment /mo

$2,979,000

Est.Price: ?

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924 Chicopee St Chicopee, MA 01013

30,343 SqFt

SOLD DATE : 10/07/2024

Key Details

Sold Price $2,979,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 30,343 sqft

Price per Sqft $98

MLS Listing ID 73228463

Sold Date 10/07/24

HOA Y/N false

Year Built 1901

Annual Tax Amount $41,045

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Property Description

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!

Location

State MA

County Hampden

Zoning 113

Direction Use GPS

Exterior

Utilities Available Public Water, Public Sewer

Waterfront false

Others

Senior Community false

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Listed by KW Pinnacle Central
Bought with Pankaj Gupta • KW Pinnacle Central

Lisa Gaglione

Agent | License ID: 9586357

+1(617) 224-8863

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