119 Grape St, Chicopee MA 01013

Chicopee, MA 01013
$450,000
Est. $2,395/month
6
Beds
5
Baths
2,603
Sq Ft
$173
Price/Sq Ft
0.38
Acres
1905
Year Built
5+ Family - 5+ Units Side by Side
Type
260
Days on Market
Active Price Drop -$65,000 Listed Sep 26, 2025 • MLS# 73324419

About this home

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.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
1905
Bedrooms
6
Full Bathrooms
5
Living Area
2,603 sq ft
Total Rooms
14
Stories
5
Levels
5

Interior Features

Heating
Oil, Electric
Has Heating
Yes
Has Fireplace
No
Interior Features
Living Room, Kitchen, Living RM/Dining RM Combo

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.38 acres
Lot Size
16,532 sq ft
Lot Size Area
0.3800
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,458
Tax Year
2024
Tax Assessed Value
$302,000
Parcel Number
M:0079 P:00042,2498309
Zoning
1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

119 Grape St, Chicopee MA 01013

Chicopee, MA 01013

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $372
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jan 8, 2025
$450,000
Original listing
Agent: Maher Khatib Office: M B C REALTORS®

Price & Status History

Date Event Price Change
Jan 8, 2025 New Listing Added $450,000 —

Market Statistics

Days on Market
260 days
Price per Sq Ft
$173
Total Price Drop
-$65,000

Tax History

Year Taxes Assessment
2024 $4,458 $302,000

Financial Details

Annual Property Tax
$4,458
Tax Year 2024
Assessed Value
$302,000

Listing Information

Listing Agent Maher Khatib
Listing Office M B C REALTORS®
Agent MLS ID M9500203
Office MLS ID M95216

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119 Grape St, Chicopee MA 01013 - Photo 1

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