CCertihomes
162 E Main St, Chicopee, MA 01020

$495,000

7 beds 4 baths 2,716 sqft Built 19004 days on marketActive

About this home

Attention inventors and owner occupied. Location, Location! Centrally located near many of the city's amenities, plaza, public transportation and easy highway access. Do not let this awesome opportunity pass you by to own a 4 family in the beautiful city of Chicopee. 3 apartments are vacant and ready to get new tenants at market rent value. One apartment is currently occupied with a long term tenant. 2 apartments have been recently painted and have new flooring installed. Updated bathrooms as well. Come take a look for yourself at this move in ready, income producing property. Showings starts Thursday 16th.

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
$4,593/mo

Real estate (PITI + HOA + PMI)
$4,310
Principal + interest$3,192
Property tax + insurance$932
PMI / 2nd mortgage$186
Utilities
$523
Heating + cooling$116
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$125
$4,593/mo TLC
Budget$5,093/mo
Remaining after TLC$500/mo
Purchase price
$495,000
Down payment
$24,750 (5%)
Loan amount
$470,250
APR
7.2%

Quick facts

Type
4 Family
Style
Year built
1900
Lot size
0.11 ac
Stories
6
Heating
Cooling
Water
Public
HOA
Annual tax
$4,509
MLS #
73237098
County
Hampden

At a glance

Basement

Home features

Community
Public TransportationShoppingHighway AccessHouse of WorshipPublic School
Parking
Off StreetUnpaved
Flooring
Tile, Vinyl, Varies, Laminate
Sewer
Public Sewer

Lot features

Corner Lot

Neighborhood — 01020

MetricThis ZIPCountyUSA
Population23,6086,444,931299,088,112
Population Change Since1990-5.00%7.00%20.00%
Population Density1,854786
Male11,3153,127,134147,432,321
Female12,2933,317,797151,655,844
Never Married5,5201,612,88563,775,926
Married9,3052,586,314123,120,365
Separated636247,85712,639,686
Widowed2,092363,59415,467,586
Divorced2,241436,88823,075,029
Number Of House Hold10,3792,431,591111,826,380
Average House Hold Size2.272.562.60
Medial Age39.7137.2535.46
Median House Hold Income$40,946$57,698$48,276
Average House Hold Income$49,549$75,023$63,629
P C I$21,834$29,196$24,529
M D I$35,636$48,105$41,133
A T H E$43,433$57,083$50,898
S T R5.00%5.00%
W C J75.21%81.38%77.74%
(Zip) Code
1020

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 5/14/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.