Attention Investors!!! 10 Unit Building in Chicopee Falls. This 4200 sqft beauty consist of a Seven One Bedrooms, Three Studios and 7 Parking Spots. 80% Leased. Rarely available complex. Excellent Rental History, Long Term tenants.
This home has been viewed 21 times
Last Checked: May 18th, 2024 at 4:19am (Source: MLS PIN #73196666)
Gross Income: $50,400
Gross Expenses: $33,898
Net Income Calc: $16,502
CAP Rate: 2.13%
Annual Expenses for 26 Belcher St., Chicopee MA 01020
Total Gross Expenses (Calculated)$33,898/year
APOD AvailableNo
Heating$3,600
Electricity$1,200
Water$5,000
Gas$5,000
Insurance$5,000
Sewer$5,000
Trash Removal$2,400
Repair & Maintenance
Management$9,000
Miscellaneous
Real Estate Tax$7,698
Annual Income & Unit Breakdown for 26 Belcher St., Chicopee MA 01020
Total Gross Income (Calculated)$50,400
Unit 1
Rental Income$1,050
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,050
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,050
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,050
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 26 Belcher St., Chicopee MA 01020
Listing ID73196666
Property TypeMulti Family / 5+ Family
Price$775,000 ($181.63/SqFt)
Style5-9 Family
CityChicopee
CountyHampden
MLS AreaChicopee Falls
Neighborhood(s)
Approximate Living Area Total4,267 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking7
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoning104
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 26 Belcher St., Chicopee MA 01020
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$26,200
Total Gross Income By Broker$97,800
Total Net Income By Broker$71,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation0.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 26 Belcher St., Chicopee MA 01020
Real Estate Taxes$7,698
Tax Year2023
Assessed Value$508,100
Financial Data SourceOwner
Total Gross Expenses By Broker$26,200
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$97,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$71,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.13%
Location Information for 26 Belcher St., Chicopee MA 01020
Elementary SchoolChps
Middle SchoolChps
High SchoolChps
Neighborhood(s)
MLS AreaChicopee Falls
Area AmenitiesHighway Access, Public Transportation
Contact Information for 26 Belcher St., Chicopee MA 01020