#73275962, Maher Khatib, Listing Office: M B C REALTORS®
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
- 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: 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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$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
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. 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.
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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.