$515,000 ($197.85 per sqft)

Est. Mortgage $2,638/mo *

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119 Grape St, Chicopee, MA, 01013

119 Grape St, Chicopee, MA, 01013
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14 rooms

6 beds

5 Full baths

1905

2,603 sqft

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.

Status:

Active

Type:

Multi-family

Units:

5

Zoning:

1

Levels:

5

Parking:

10-car, Paved Drive, Off Street

Acreage:

0.38

Est. Taxes:

$4,458

Assessment

$302,000

Construction

Frame

Amenities:

Public Transportation, Shopping, Highway Access, Public School

MLS #:

73324419

Compensation Based On:

Net Sale Price

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Maher Khatib, M B C REALTORS®