$475,000

119 Grape St Chicopee, MA 01013

$5,641
Closing credit¹
6 beds
5 full
2,603 sqft
0.4 acres
$182 / sqft
Multi-Family

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

Home typeMulti Family
HeatingOil, Electric
StatusActive
Size2,603 sqft
Lot size0.38 Acres
Year built1905
ParkingPaved Drive, Off Street
MLS #73324419

Summary

  • MLS Number: 73324419
  • MLS Name: MLS Property Information Network
  • Office Name: M B C REALTORS®
  • Office Phone: (413) 886-0010
  • Listing Agent: Maher Khatib

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a balcony, a porch, and a front yard

$475,000

119 Grape St

$5,641

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 16, 1991
Home Sold
$33,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,381. Typical income of Chicopee, MA residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
39%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
19%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Chicopee, MA

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.

In February 2025, from all listings sold in Chicopee, MA there were more than 15 sold above asking price, over 13 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Chicopee, MA between January and February 2025 decreased by 3%. While the average time on the market in February 2025 was 45 days, the median list price was $309,971.

From Rocket Homes Real Estate and based on county public records data.

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