924 Chicopee St Chicopee, MA $ 2,979,000
924 Chicopee St
$ 2,979,000
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924 Chicopee St

Chicopee, MA, 01013
$ 2,979,000
Baths0.0 Sq 30,343

Monthly Estimate*

$ 20,809

924 Chicopee St, Chicopee, MA 01013 - Image 1
924 Chicopee St, Chicopee, MA 01013 - Image 2
924 Chicopee St, Chicopee, MA 01013 - Image 3
Studio

Commercial Property for sale in Chicopee, MA

for $2,979,000. This 30,343 square foot building was built in 1901 on a lot size of 0.21.

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!

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Commercial Active

Price

$ 2,979,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 41,045

Style

Lot Size

0.21

Year Built

1901

Town/City

Chicopee

County/Region

Hampden

MLS | Web ID

73228463

List By
Pankaj Gupta

Listing Agent

Kw Pinnacle Central

Broker

Affordability Calculator

$24,230
Per Month
86%
14%
0%
Monthly Principal & Interest
$20,809
Monthly Property Taxes
$3,420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
4/24/2024$2,979,000 Listed Price

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924 Chicopee St, Chicopee, MA, 01013 is a Commercial Property for sale at $2,979,000 with 30,343 sqft and a lot size of 0.21. 924 Chicopee St is a studio with 0.0 baths and was built in 1901. The property's zip code is 01013 which is in Chicopee, MA