ATTENTION INVESTORS - GREAT opportunity to purchase 2 investment properties in the Heart of Downtown Chicopee totaling 8 units. The addresses of the properties are 325 Front Street (4 units) and 30 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and most tenants will transfer. 325 Front Street is a 4 unit mixed-use property consisting of 1 commercial storefront with a longterm tenant and 3 apartments (2 - 2bedroom units and 1 - 3 bedroom unit). 30 Canal Street is a 4 unit building consisting of 3 - 1 bedroom units and 1 - 2 bedroom unit. Property is clean & well maintained. Replacement windows throughout most units. Tenants pay own utilities. Same owners for decades. Buildings, garages and appliances that transfer being sold in "As Is" condition.

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Basic Information

Contingency Pending P&S
Gross Income $80,460
Lot Features Corner Lot, Level
Mls StatusSold
Parcel Number M:0097 P:00040
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Road Frontage DescriptionPaved

Basic Information

List Price$775,000
MLS Number73053099
Modification Date04/28/2023
Property SubType5-9 Family
Purchase Contract Date02/03/2023
Sale Date02/25/2023
Sale Price$708,150

Interior

Flooring Vinyl, Varies Per Unit, Laminate, Hardwood
Interior Features
- Kitchen)
- Kitchen)
- Kitchen)
- Unit 2 Rooms(Living Room
- Unit 3 Rooms(Living Room
- Unit 4 Rooms(Living Room

Utilities

Cooling Unit 1()
Electric Circuit Breakers, Individually Metered, Varies per Unit
Electric Expense 930
Heat SystemYes
Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
Sewer Public Sewer
Water Source Public

Tax Information

Tax Assessed Value $388,000
Tax Year 2022
Taxes$6,605

Parking

Covered Spaces 5
Garage YN Yes
Open Parking YN Yes
Parking Features Paved Drive, Off Street, On Street, Assigned
Parking Spaces6

Location

Address325 Front Street & 30 Canal Street
Building Number325
CountyHampden
StateMA
StreetFront Street & 30 Canal Street
TownChicopee
Zip01013

Property

Acreage0.38

Exterior

Exterior Features Varies per Unit
Fencing Fenced/Enclosed, Fenced
RoofShingle, Rubber

Property Information

Building Area Source Public Records
Living Area 8,231
Lot Size Square Feet 16,567
Lot Size Units Acres
Square Feet8,231

Legal

ZoningMixed Use

Other

Buyer Agency Compensation2.5
Date Listed10/28/2022
Farm Land Area Units Square Feet
Transaction Broker Compensation1
View Count30

School Information

Elementary SchoolBowe
High SchoolChicopee
High School Chicopee High
Junior HighDupont

Rooms

Bathroom8
Bathrooms Total Decimal 7.5
Bedrooms11
Full Bath7
Half Baths1

Building

BasementFull, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationBrick/Mortar
Garage Spaces5
Patio And Porch Features Porch
Rooms28
Stories7
Units8
Utilities
- For Electric Dryer
- For Electric Oven
- For Electric Range
- For Gas Dryer
- For Gas Oven
- For Gas Range
- Varies Per Unit
- Washer Hookup
Year Built1880
Year Built Details Approximate
Year Built Source Public Records

Amenities

Amenities
- Bike Path
- Highway Access
- Laundromat
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Tennis Court(s)
- University
Appliances IncludedGas Water Heater, Electric Water Heater, Tank Water Heater, Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Green Energy Efficient Varies per Unit
Other AmenitiesBasement, Tennis

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Message I would like more information for 325 Front Street & 30 Canal Street Chicopee MA 01013 (ID#:73053099)

325 Front Street & 30 Canal StreetChicopee, MA 01013MLS Number 73053099

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