$375,000
$375,000
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15 Franklin St Chicopee, MA 01013
6 Beds
6 Baths
4,800 SqFt
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $78
MLS Listing ID 72485278
Sold Date 06/24/19
Bedrooms 6
Full Baths 6
Year Built 1910
Annual Tax Amount $4,891
Tax Year 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5-9 Family
Property Description
Take note investors! 11.5% cap rate. Stove and refrigerator in all apartments. All replacement windows. Insulated. Coin op washer and dryer. Roof done approx. 2000. This is a three story, 6 unit, apartment building. Heat on 1st and 2nd flr (left) have gas heat. Other 4 are electric. At one time units were 2-bdrm but a former owner preferred 1-bdrm investment property and covered windows and removed closets from one of the bedrooms in each unit. Now those former bedrooms can be used as a den, home office, walk-in closet/dressing room, or storage. Buyer could make two-bedroom units again and increase rental income. All but one apartment have month-to-month agreements. Most are long-term tenants. One unit has recently been vacated and is being kept empty as a representative unit for convenient showings.
Location
State MA
County Hampden
Direction Off Springfield St.
Rooms
Basement Full
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen, Office/Den), Unit 3 Rooms(Living Room, Kitchen, Office/Den), Unit 4 Rooms(Living Room, Kitchen, Office/Den)
Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Gas)
Appliance Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
Exterior
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Story 11
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with The Team • Rovithis Realty, LLC