$475,000

119 Grape St, Chicopee, MA 01013

  • 6 beds |
  • 5 baths |
  • 2,603 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $182/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
M B C REALTORS : 413-886-0010
Listing Agent:
Maher Khatib : 413-262-8687
MLS ID:
73324419
  • General: Living RoomKitchenLiving RM/Dining RM Combo
  • Heating: OilElectric
  • Fireplace: Fireplaces: 0

This listing courtesy of Maher Khatib, M B C REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bowe

115 Hampden St, Chicopee, MA, 01013

Grades KG-5

0.45 miles away

D

Dupont Middle School

650 Front St, Chicopee, MA, 01013

Grades 6-8

0.57 miles away

C

Chicopee High School

820 Front St, Chicopee, MA, 01020

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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