119 Grape St

Chicopee, MA 01013 Directions
$515,000
  • 6Bed
  • 5Baths
  • 2,603Sqft
  • 0.38Acres
  • 1905Built
  • $198Price/Sqft

Property Highlights

  • Days on Market: 2
  • MLS: 73324419

Property Highlights

  • Days on Market: 2
  • MLS: 73324419

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and...

Property Highlights

  • Days on Market: 2
  • MLS: 73324419

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you’re a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you’re a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.

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  • Additional Information
    • Electrical Features: Circuit Breakers
    • Living Area SqFt: 2603
    • On Market Date: 2025-01-08
    • Parking: Paved, Off Street
    • Parking Spaces: 10
    • Sewer: Public Sewer
    • Tax Amount: $4,458
    • Tax Year: 2024
    • Type: Residential Income
    • Unit Count: 5
    • Year Built: 1905
    • Year Built Details: Approximate
  • Interior/Exterior Features
    • Appliances Included: Gas Water Heater
    • Beds: 6
    • Construction Materials: Frame
    • Exterior Features: Porch
    • Foundation: Stone, Brick/Mortar
    • Full Baths: 5
    • Heat: Oil, Electric
    • Roof: Shingle
    • Rooms: 14

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Listing Courtesy of Maher Khatib of M B C REALTORS®.

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