$815,000
10
Beds
7/1
Baths
5,028
Living Area
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Property Description
GROUP SHOWING 3/9 9:30am. Rare opportunity to own this cash flowing 7-unit property featuring a 5-family, a 2-family, and a 3-car garage all on a single lot. All units are individually metered, tenant-occupied on a month-to-month basis, and updated for optimal value and ease of management. This property benefits from multiple income streams, including coin-operated laundry and the detached 3-car garage, boosting overall returns beyond base rents! Well maintained and offering stable occupancy, this investment is a low-risk addition to any investment portfolio. With consistent income and potential for future rent growth, this is an ideal opportunity for investors seeking dependable returns and long-term value in multi-families. Newer updates include two Buderus Boilers (2022), Water heaters (2025, 2023, 2021), Exterior stairs and decks (2025). Exterior video system already set up for added security and monitoring! Great opportunity for both seasoned and first time investors.
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Highlights
- Area: Chicopee Falls
- Levels: 7
- Property Class: Residential Income
- Stories: 7
- Year Built: 1920
- Heating: Natural Gas, Electric
- Parking Spots: 10
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Refrigerator
- Construction: Frame
- Fireplaces: 1
- Foundation: Block, Brick/Mortar
- Lot Features: Corner Lot, Cleared, Level
- Roof: Shingle, Slate, Tar/Gravel, Rubber
- Total Number of Units: 7
- Year Built Source: Public Records
- Basement: Full, Partial, Partially Finished, Interior Entry, Concrete, Unfinished
- Exterior Features: Balcony/Deck, Rain Gutters
- Flooring: Carpet, Laminate, Hardwood
- Interior Features: Laundry Room, Pantry, Lead Certification Available, Crown Molding, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 4
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Amenities
- Community Features: Public Transportation, Shopping, Park, Public School
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
- Covered Parking Spaces: 3
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $506,600
- Tax Year: 2026
- Total Rent: $9,425
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water), Unit 4(Water, Hot Water)
- Taxes: $7,720
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