#73361862, The Generation Group, Listing Office: Coldwell Banker Realty - Western MA
119 Grape St Chicopee, MA 01013
Property details
About 119 Grape St
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.
Highlights
Summary
- Full Bathrooms: 5
- Interior: Living Room, Kitchen, Living RM/Dining RM Combo
- Total Bedroom Count: 6
- Parking: Paved Drive, Off Street
- Heating: Oil, Electric
- List Price: $475,000
- Price/SqFt: $182
- Annual Tax Amount: $4,458
- Tax Year: 2024
- Directions: Off Springfield Street.
- Year Built: 1905
- Stories: 5
- Living Area: 2,603 SqFt
- Lot Size: 0.38 Acres
- MLS Number: 73324419
- MLS Name: MLS Property Information Network
- Office Name: M B C REALTORS®
- Office Phone: (413) 886-0010
- Listing Agent: Maher Khatib
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Last updated on: 5/3/2025, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
119 Grape St
$5,641
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 16, 1991 | Home Sold | $33,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $302,000 | $4,458 |
2023 | $274,700 | $4,162 |
2022 | $234,900 | $3,991 |
2021 | $258,300 | $4,549 |
2020 | $245,800 | $4,292 |
2019 | $237,400 | $4,264 |
History based on county public records data.
Nearby schools
3
Bowe
Public District KG-5
0.4 mi
•115 Hampden St
2
Glenwood
Public District KG-5
1.2 mi
•50 Morison Ter
5
Gen John J Stefanik
Public District KG-5
1.6 mi
•720 Meadow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,381. The most common annual income of people living in Chicopee, MA is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
Living in Chicopee, MA
Chicopee features a network of roads and highways that connect residents to nearby cities and amenities, with public transportation options available for those commuting within and beyond the city. The area's walkability varies, with some neighborhoods offering pedestrian-friendly environments. The city is also served by a bus system, providing residents with an alternative to private vehicle use.
The community is served by a number of public schools, including several elementary schools, middle schools, and Chicopee High School, as well as private educational options. Healthcare is accessible through local clinics and a nearby hospital, offering a range of services from emergency care to specialized treatments. Residents enjoy a variety of retail and dining options that reflect the local culture, and the city is proactive in adapting services to meet the needs of its changing demographics.
Chicopee prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its annual events, such as the Chicopee Fest-of-All, which showcases local music, food, and crafts, fostering a vibrant community spirit. The presence of parks and recreational areas contributes to the city's family-friendly atmosphere.
Chicopee's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in the area range from historic Victorian homes to contemporary constructions, reflecting the city's evolution over time. Single-family homes are the most common, providing a suburban feel to many neighborhoods.
About 119 Grape St
This home is located at 119 Grape St in Chicopee, MA and zip code 01013. This 2,603 square foot home, which was built in 1905, sits on a 0.38 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $475,000.
Over 19 listings were sold over their listed price in April 2025 in Chicopee, MA. In the same period over 6 listings were sold below the listed price and 5 listings were sold for the listed price. Between March and April 2025, Chicopee, MA real estate market has seen increase in the number of listings by 15.2%. While the average time on the market in April 2025 was 28 days, the median list price was $314,250.