$815,000
$890,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
156 East St Chicopee, MA 01020
10 Beds
7.5 Baths
5,028 SqFt
Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $162
MLS Listing ID 73469521
Bedrooms 10
Full Baths 7
Half Baths 1
Year Built 1920
Annual Tax Amount $7,720
Tax Year 2026
Lot Size 0.320 Acres
Property Sub-Type 5-9 Family
Property Description
GROUP SHOWING 3/9 9:30am. Rare opportunity to own this cash flowing 7-unit property featuring a 5-family, a 2-family, and a 3-car garage all on a single lot. All units are individually metered, tenant-occupied on a month-to-month basis, and updated for optimal value and ease of management. This property benefits from multiple income streams, including coin-operated laundry and the detached 3-car garage, boosting overall returns beyond base rents! Well maintained and offering stable occupancy, this investment is a low-risk addition to any investment portfolio. With consistent income and potential for future rent growth, this is an ideal opportunity for investors seeking dependable returns and long-term value in multi-families. Newer updates include two Buderus Boilers (2022), Water heaters (2025, 2023, 2021), Exterior stairs and decks (2025). Exterior video system already set up for added security and monitoring! Great opportunity for both seasoned and first time investors.
Location
State MA
County Hampden
Area Chicopee Falls
Zoning 4
Interior
Heating Natural Gas, Electric
Flooring Carpet, Laminate, Hardwood
Fireplaces Number 1
Laundry Washer Hookup
Exterior
Exterior Feature Balcony/Deck, Rain Gutters
Garage Spaces 3.0
Community Features Public Transportation, Shopping, Park, Public School
Utilities Available for Electric Range, Washer Hookup
Roof Type Shingle,Slate,Tar/Gravel,Rubber
Building
Lot Description Corner Lot, Cleared, Level
Story 7
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
Read Less
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Bought with Waylynn Garcia • Executive Real Estate, Inc.
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