541 Front St - Apartments FOR SALE


Chicopee, MA 01013
$720,000 USD
781-300-2502
541 Front St, Chicopee, MA for Sale
$720,000 USD
Apartments - FOR SALE
1/10
null | 7.78% Cap Rate

541 Front St
Chicopee, MA 01013


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Capital Improvements
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 541-543 Front Street in Chicopee, MA (the “Property”). The three-story building contains six (6) 1-Bedroom/1-Bathroom units with 4,227 square feet of gross living area in 6,436 square feet of gross area. The Property is situated upon a 0.11- acre parcel and features six (6) off-street parking spaces, as well as laundry machines in the basement for tenant use. 541-543 Front Street is well-positioned along Front Street in Chicopee, offering convenient access to the city's downtown district, established residential neighborhoods, and major commercial corridors. The Property benefits from excellent regional connectivity via nearby Memorial Drive (Route 33), Interstate 391, the Massachusetts Turnpike (I-90), and Interstate 91, providing efficient access throughout the Pioneer Valley, including Springfield, Holyoke, and the broader Western Massachusetts region.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,000

CAP RATE

7.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1885

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

1

APN/PARCEL ID

CHIC-000080-000000-000012

ASK ABOUT THIS PROPERTY

Michael BradleyHorvath & TremblayMore Info
781-300-2502

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Michael BradleyHorvath & TremblayMore Info
781-300-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.