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119 Grape St

Chicopee, MA 01013

6 beds
5 baths
2,603 sqft
~1/2 acre lot
$197 per sqft
1905 build
– on site

Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you’re a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.

Listing courtesy of MLSPIN / Maher Khatib / M B C REALTORS®

Last checked: Checking… • Last updated Jan 12, 2025 •

MLS# 73324419 —

The Building

Year Built:

1905
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Foundation Details:

Stone
Patio And Porch Features:

Porch
Stories Total:

5
# of Units Total:

5
Building Area Total:

2603
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

14
Interior Features:

Living Room
Fireplace:

false

Room Dimensions

Living Area:

2603

Location

Directions:

Off Springfield Street.
Latitude:

42.146093
Longitude:

-72.603497

The Property

Parcel Number:

M:0079 P:00042,2498309
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Side by Side
Lot Size Units:

Acres
Lot Size Area:

0.38
Lot Size SqFt:

16532
Lot Size Acres:

0.38
Zoning:

1
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

7883
Tax Annual Amount:

4458
Tax Assessed Value:

302000

Beds

Bedrooms Total:

6

Baths

Total Baths:

5
Total Baths:

5
Full Baths:

5

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Oil
Heating:

true

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

10
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/8/25 Jan 8, 2025	Listed / Active	MLSPIN	$515,000

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This multifamily located in Chicopee Center, Chicopee, MA 01013 is currently for sale for $515,000. 119 Grape St is a 2,603 square foot multifamily with 6 beds and 5 baths that has been on Estately for 10 days. 119 Grape St is in the Chicopee Center neighborhood of Chicopee and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Chicopee High School, Fairview Veterans Memorial Middle School, and Patrick E. Bowe School.

Listing Courtesy of: MLSPIN and M B C REALTORS®.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.