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5 Riverview Ter

Chicopee Falls, Chicopee, MA 01013
1 of 10 Photos Map
$575,000
9 Beds
4 Baths
4,228 Living Area
  • Property Description
    Investor Alert! 3-Unit Property – Remodelled & Fully Occupied, Incredible investment opportunity in the heart of Chicopee! 3-family home offering immediate cash flow & long-term rental income potential. Perfect for savvy investors looking to add a strong performer to their portfolio. This property features three large units – 2 w/ 4 beds & 1 bath, & 1 w/ 5 beds & 2 baths. Each unit boasts spacious layouts, great natural light, updated finishes that appeal to tenants & minimize maintenance for the owner. Major updates include: New vinyl siding, New windows throughout, Newer roof, Updated interiors (flooring, kitchens, bathrooms, etc.) Separate utilities for tenant convenience. Tenants enjoy a private backyard, perfect for relaxing or entertaining, off-street parking for added convenience – a huge plus in this area. This property is located close to schools, shopping, parks, public transportation & hwy access. With stable tenants already in place, you can own & start collecting rent.
  • Highlights
    • Area: Chicopee Falls
    • Parking Spots: 3
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 17
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1920
  • Additional Details
    • Basement: Full, Interior Entry
    • Flooring: Wood, Tile, Vinyl, Carpet
    • Interior Features: Living Room, Kitchen, Living RM/Dining RM Combo
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: 1
    • Construction: Frame
    • Foundation: Brick/Mortar
    • Lot Features: Cleared
    • Roof: Rubber
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $281,100
    • Taxes: $4,149
    • Tax Year: 2024
    • Total Rent: $5,250

Location

5 Riverview Ter, Chicopee, MA 01013

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty - Western MA. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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