828 Chicopee St Chicopee, MA 01013
Investors take notice of this income producing 8 Unit apartment building!! There are (7) 3 bedroom units and (1) 2 bedroom unit. The tenants pay their own electric baseboard heat and electric hot water, and have one parking space each in the rear of the building which is accessed through a right of way off the adjacent side street. The building is currently professionally managed and maintained. There is one vacant 3 bedroom unit that is easy to show. The new owner is required to assume the MRVP Rental Voucher Program with Wayfinders which requires 5 of the 8 units to be rented through this program. The approved rents for these units is $1,669 as of 05/01/2024. The current owner is doing a 1031 exchange with the proceeds, and the buyers cooperation is required.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyHampden
- Taxes$10,107
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusPending
- MLS ID Number73228648
- Home Size Source Public Records
- Year Built1912
- Lot Size0.11 Acres
- Full Baths8
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Off Street
- Parking Spaces 8
- Sewer Public Sewer
- Electric Circuit Breakers
- Basement FullUnfinished
- Number of Stories 5
- Acreage 0.11
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Brick/Mortar
- Zoning 111C
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Off Street
- Electricity Circuit Breakers
Interior Features
- Heating Electric
- Appliances RangeRefrigerator
- Flooring Laminate
- Interior Living RoomKitchen
- Fireplaces 0
- Fireplace No
- Interior Features Living RoomKitchen
Exterior Features
- Roof Rubber
- Spa No
- Waterfront Property No
- Lot Easements
- Lot Features Easements
Community Features
- Community Features Public TransportationShoppingPoolMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic School
- Senior Community No
- Adult Care Community No