Another Property Sold - 22 Canal Street, Chicopee, MA 01013

by Five College Realtors® 12/18/2020

22 Canal Street, Chicopee, MA 01013
MultifamilySold
List Price $280,000
Sold Price $260,000
22 Canal Street
Chicopee, MA 01013
MLS Property Information Network
4Beds
4Baths
2,780Sq Ft
Est. Mortgage
$1,545/mo

ATTENTION INVESTORS - Amazing and RARE opportunity to purchase 5 investment properties in the Heart of Downtown Chicopee totaling 19 units. All are in close proximity to one another making management easy. Same owners for decades. The addresses of the properties are 310 Front Street (2 units), 318 Front Street (6 units), 339 Front Street (3 units), 30 Canal Street (4 units) and 22 Canal Street (4 units). ALL units are currently occupied, all tenancies are month-to-month and ALL tenants will transfer. Sellers will not consider vacating any of the units as part of the sale. 22 Canal Street is a 4-unit house that makes $3,360 gross monthly. Property is clean and well maintained. Replacement windows throughout. Roof is 7 years old. Each apartment has 3 rooms, 1 bedroom and 1 bathroom and washer/dryer hookups. Appliances vary throughout units. Tenants pay their own utilities. All units have electric heat and gas hot water. GROSS $40,320 Annually.

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