CCertihomes
16-20-24 Tremont Street, Chicopee, MA 01013

$425,000

3 beds 1 baths 966 sqft Built 1880100 days on marketActive

About this home

INVESTMENT OPPORTUNITY - 3 properties situated in a Residential C Zoning area in Chicopee to be sold as a package - no exceptions. SINGLE FAMILY home that consists of 5 rooms, 3 bedrooms, 1 bath is currently rented monthly. There is a 4-car garage, as well as, one individual garage that are currently rented monthly with the exception of 1 which is used by the Seller. There is also a potential BUILDABLE LOT that consists of .18 acres (7, 662 sq.ft.) of residential land that previously had a 4-unit building on it. The probable use for this lot would be for a single family home or 2family/duplex. There is an additional excess lot that consists of .13 acres ( 5, 935 sq.ft.). Buyer to conduct own due diligence on use with the City of Chicopee on use. A buyer could potentially develop all 3 properties under a "Mill Pathway Conversion Plan". Existing structures would need to be removed to do so. Please contact the Planning Dept. for more information. Great location near all major highways

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$3,848/mo

Real estate (PITI + HOA + PMI)
$3,597
Principal + interest$2,741
Property tax + insurance$697
PMI / 2nd mortgage$159
Utilities
$405
Heating + cooling$57
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$125
$3,848/mo TLC
Budget$5,000/mo
Remaining after TLC$1,152/mo
Purchase price
$425,000
Down payment
$21,250 (5%)
Loan amount
$403,750
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
1880
Lot size
0.37 ac
Stories
0
Heating
Electric Baseboard
Cooling
None
Water
Public
HOA
Annual tax
$3,331
MLS #
73187674
County
Hampden

At a glance

Basement
Garage (5)

Home features

Appliances
Electric Water HeaterRange
Exterior
Porch - EnclosedRain Gutters
Community
Public TransportationShoppingParkHighway AccessHouse of WorshipPublic SchoolUniversity
Parking
DetachedPaved DriveOff Street
Kitchen
Flooring - LaminatePantry
Flooring
Vinyl, Carpet
Roof
Shingle
Sewer
Public Sewer

Schools

Elementary
Bowe
Middle
Bellamy
High
Chicopee High

Neighborhood — 01013

MetricThis ZIPCountyUSA
Population26,5516,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density4,112786
Male12,6463,127,134147,432,321
Female13,9053,317,797151,655,844
Never Married6,5361,612,88563,775,926
Married9,5702,586,314123,120,365
Separated1,022247,85712,639,686
Widowed1,914363,59415,467,586
Divorced2,673436,88823,075,029
Number Of House Hold11,0002,431,591111,826,380
Average House Hold Size2.372.562.60
Medial Age36.6237.2535.46
Median House Hold Income$37,401$57,698$48,276
Average House Hold Income$43,838$75,023$63,629
P C I$18,449$29,196$24,529
M D I$32,861$48,105$41,133
A T H E$40,089$57,083$50,898
S T R5.00%5.00%
W C J77.45%81.38%77.74%
(Zip) Code
1013

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

Map & walkability

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MLSPIN

Listing information last refreshed 12/15/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.