$2,979,000
About this home
Dive into an exceptional investment opportunity in Chicopee! This property offers a solid 10% cap rate, with potential to rise to 13%. It features 22 residential and 4 commercial spaces, fully leased out, except 1 residential unit. With 6 three-bedroom, 8 two-bedroom, and 8 one-bedroom units, most recently renovated, it promises comfortable living. Upgrades include individual electric hot water tanks, new windows, a boiler, and refreshed back porches and roof. Rent covers heat, water, and sewer, while tenants handle electric, hot water, and gas bills. Don't miss out on this lucrative chance to invest in Chicopee's real estate market. Schedule a showing today!
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.
- Real estate (PITI + HOA + PMI)
- $21,983
- Utilities
- $1,445
- Transportation
- $120
- Other (entertainment)
- $125
Quick facts
Neighborhood — 01013
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 26,551 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | -2.00% | 7.00% | 20.00% |
| Population Density | 4,112 | 786 | — |
| Male | 12,646 | 3,127,134 | 147,432,321 |
| Female | 13,905 | 3,317,797 | 151,655,844 |
| Never Married | 6,536 | 1,612,885 | 63,775,926 |
| Married | 9,570 | 2,586,314 | 123,120,365 |
| Separated | 1,022 | 247,857 | 12,639,686 |
| Widowed | 1,914 | 363,594 | 15,467,586 |
| Divorced | 2,673 | 436,888 | 23,075,029 |
| Number Of House Hold | 11,000 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.37 | 2.56 | 2.60 |
| Medial Age | 36.62 | 37.25 | 35.46 |
| 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 R | 5.00% | 5.00% | — |
| W C J | 77.45% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 4/24/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.