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SOLD 1/29/2021
318 Front Street, Chicopee, MA 01013
11
beds
6
baths
4844
ft2
$400,000
$83 / ft2
Listing provided courtesy of Listing Broker: Leslie Brunelle, NRG Real Estate Services, Inc..
Source MLS PIN.
ATTENTION INVESTORS - Amazing and RARE opportunity to purchase 5 investment properties in the Heart of Downtown Chicopee totaling 19 units. All are in close proximity to one another making management easy. Same owners for decades. The addresses of the properties are 310 Front Street (2 units), 318 Front Street (6 units), 339 Front Street (3 units), 30 Canal Street (4 units) and 22 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and ALL tenants will transfer. Sellers will not consider vacating any of the units as part of the sale. 318-320 Front Street is a 6-unit building with $4975 gross monthly rents. Property is clean & well maintained. Replacement windows throughout. Roof is 7 years old. Each apartment has 2 bedrooms & 1 bathroom w/ washer/dryer hookups. Tenants pay own utilities.1st floor units have gas heat & hot water. 2nd & 3rd floor units have electric heat & gas hot water. 3rd Floor L Unit needs some updating. $59,700 gross annually
HOA
$—/month
On market
2 months
Year built
1885
Property type
5 9 Family
Parking
MLS
72739097
Price / Sq.Ft.
$83 / ft2
Status
Sold
Flyhomes Cash Offer
Based on a price of $400,000
Rebate:
Cash Offer Costs:
Negotiating Power:
Flyhomes Cash Offer
$0
n/a
Best
Flyhomes Guaranteed Offer
$1,600
- -
Better
Discount Brokerage
$1,240
not offered
Average
Traditional Brokerage
$0
not offered
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Additional Rooms
Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
Electric Details
Circuit Breakers
Heating Description Unit4
Electric
Hot Water
Natural Gas
Heating Description Unit 1
Hot Water Radiators, Gas
Utility Description
Water, Water, Water, Water
Total Levels
3, 9, 5
Unit 4 Floor Level
2
Total Levels Unit 1
1, 1
Energy Details
Insulated Windows
Unit 4 Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Hardwood Floors, Bathroom With Tub & Shower, Hardwood Floors, Bathroom With Tub & Shower, Hardwood Floors, Bathroom With Tub & Shower, Hardwood Floors, Bathroom With Tub & Shower
Total Levels Unit 2
1, 1
Total Beds
11
Unit 3 Appliances
Range, Refrigerator, Dryer
Total Levels Unit 3
2, 1
Unit 2 Appliances
Refrigerator
Total Levels Unit 4
1
Unit 1 Appliances
Range, Refrigerator
Full Baths
6, 6
Flooring
Vinyl, Varies Per Unit, Hardwood
Unit 4 Full Baths
1
Unit 3 Full Baths
1
Unit 4 Beds
2
Total Rooms Unit 1
4
Unit 2 Full Baths
1
Total Rooms Unit 2
4
Unit 1 Full Baths
1
Unit 3 Beds
2
Total Rooms Unit 3
4
Unit 2 Beds
2
Total Rooms Unit 4
4
Unit 1 Beds
2
Total Rooms
20, 24, 20
Heating Description Unit2
Hot Water Radiators, Gas
Heating Description Unit3
Electric
Property, Lot, Community & Exterior Features
Total Units In Complex
5
Color
Grey
Property Type
5-9 Family
Area Amenities
Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Zoning
1
Mls Prop Type
5-9 Family
Building Exterior Details
Vinyl
Lot Description
Corner, Cleared, Level
Sqft Source
Public Record
Basement
Basement
Basement Details
Full, Unfinished Basement
Foundation
Concrete Block
Roof
Asphalt/Fiberglass Shingles
Year Built Description
Actual
Mls Property Type
Multi-family
Water/Sewer Built
3256
Lead Paint
Unknown
Parking Descriptions
On Street Without Permit
Acres
0.00
Year Built Source
Public Record
Construction Materials
Frame
Utilities & Other Information
Water Source
City/Town Water
Utilities
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Sewer
City/Town Sewer
Electric
512
Listing Details, Costs & Financing Information
Insurance Expenses
3786
Offline Listing Number
3122244
Gross Revenue
24578
Fin Code
Other
Finances Source
Owner Provided
Gross Income
59700
Disclosures
Sewer charges are included in water charges. Appliances and building sold "as is".
Net Operating Income
35121
Rme
9081
Monthly Rent Unit 1
825
Monthly Rent Unit 2
875
Monthly Rent Unit 3
800
Monthly Rent Unit 4
875
Apod Available
Apod Available
Tax Year
2020
Oh Flag
1
Status
Sold
Total Rent
4975
Assessed Value
295000.00
Selling Agent
M9500012
Taxes
5150.70
Operating Expense
12/19
School Neighborhood & Directions
Street Number
318
Map Book
17231
Map Page
105
Directions
Corner of Front Street and Spring Street
Road Type
Public, Paved, Publicly Maint.
Zip Code +4
2644
Other
Main So
M95398
Price Per Sqft
82.58
List Price Per Sqft
86.71
Sold Price Per Sqft
82.58
Cdom Property
55
Cdom Broker
55
Cdom
55
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 09, 2021 1:06pm
Neighborhood snapshot
11
Properties for sale
21
Median days on market
$147.35
Median sold price/sqft
101.29%
Sold/List %
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Property History
01/28/2021
01/28/2021
MLS PIN #72739097
sold
MLS PIN #72739097
$400,000
--4.76%
11/17/2020
11/17/2020
MLS PIN #72739097
pending
MLS PIN #72739097
$420,000
10/06/2020
10/06/2020
MLS PIN #72739097
active
MLS PIN #72739097
$420,000
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