Investors Take Notice! It is a pleasure to present this well-maintained 4-unit investment property offering strong upside potential. The property consists of one fully remodeled 1-bedroom unit and three studio apartments. The studio units could benefit from updates, providing an opportunity to increase value over time, while the long-term tenants have expressed interest in remaining in place. The property features ample off-street parking and minimal exterior maintenance. Tenants pay their own electricity and electric baseboard heat, while the owner is responsible for domestic hot water. Additional improvements include a newer driveway (approximately 5 years old), new exterior decks, and a basement that has been professionally reinforced and skim-coated with concrete. Whether you’re looking to expand your portfolio or enter the multifamily market, this income producing property offers stable occupancy with future value-add potential!
- Heating System:
- Electric
- Cooling System:
- Window Unit(s)
- Basement:
- Full, Bulkhead, Unfinished
- Parking:
- Off Street, Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Tile, Laminate, Carpet, Stone/ceramic Tile
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Utilities included in budget is for common utilities only. Additional $10 per month to HOA for parking. Buyers to supply 2 months of condo fees at closing.
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Internet Available - Unknown, Kitchen, Bathroom With Shower Stall, Living Room, Studio, Remodeled
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water), Unit 4(hot Water)
- Market Time:
- 1
- Parking Spaces:
- 6
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $195
- Zoning:
- RC
- No Units:
- 4
- Orig Price:
- $369,900
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Chicopee
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01020
- Longitude:
- W73° 25' 8''
- Latitude:
- N42° 9' 17.5''
Residential Income
90 Walnut St, Chicopee, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $369,900
- Bedrooms :
- 1
- Rooms :
- 14
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 1,900 Sqft
- Year Built :
- 1885
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73537637
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com