CCertihomes
176 Cottage Ave, Wilbraham, MA 01095

$3,500,000

0 beds 0 baths 246,630 sqft Built 1876Active

About this home

Rare industrial mill redevelopment opportunity in Wilbraham. Industrially zoned former manufacturing complex that was once used to make paper for US currency. The complex includes multiple buildings on a nine acre parcel next to the Chicopee River. The main building has three stories over a high basement, with a ramp to the parking lot, a loading dock, and a freight elevator to the top floor. Separate ADA accessible entrance/elevator. Potentially eligible for historic registration. Residential adaptive reuse plans available. Conveniently located near the corner of US Route 20, a major commercial corridor. Minutes from the Ludlow and Palmer I-90 interchanges, Springfield, and area attractions.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$36,074/mo

Real estate (PITI + HOA + PMI)
$32,432
Principal + interest$15,874
Property tax + insurance$15,245
PMI / 2nd mortgage$1,313
Utilities
$9,447
Heating + cooling$4,578
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$144
Car insurance + maintenance$144
Other (entertainment)
$125
$36,074/mo TLC
Budget$36,574/mo
Remaining after TLC$500/mo
Purchase price
$3,500,000
Down payment
$175,000 (5%)
Loan amount
$3,325,000
APR
4%

Quick facts

Type
COM
Style
Year built
1876
Lot size
9 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$20,280
MLS #
73080212
County
Hampden

Neighborhood — 01095

MetricThis ZIPCountyUSA
Population12,2446,444,931299,088,112
Population Change Since199018.00%7.00%20.00%
Population Density555786
Male5,9083,127,134147,432,321
Female6,3363,317,797151,655,844
Never Married1,8641,612,88563,775,926
Married6,3142,586,314123,120,365
Separated281247,85712,639,686
Widowed915363,59415,467,586
Divorced496436,88823,075,029
Number Of House Hold4,4412,431,591111,826,380
Average House Hold Size2.712.562.60
Medial Age42.2637.2535.46
Median House Hold Income$74,865$57,698$48,276
Average House Hold Income$87,195$75,023$63,629
P C I$32,036$29,196$24,529
M D I$60,414$48,105$41,133
A T H E$64,313$57,083$50,898
S T R5.00%5.00%
W C J81.26%81.38%77.74%
(Zip) Code
1095

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 2/18/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

176 Cottage Ave · Wilbraham — $3,500,000 · Certihomes