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104-106 Madison St, Chicopee, MA 01020

$449,900
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New to the Market Active Under Contract
BEDS5 BATHS3 full SQUARE FEET2,687 MLS#73485621
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

Attention Investors!! This well-maintained 3-family home presents an outstanding investment opportunity for both first-time and experienced real estate investors. The property features newer water heaters, energy-efficient insulated windows throughout, and new vinyl flooring that enhances both aesthetics and durability. The roof, at 15 years old, remains in solid condition with years of reliable service ahead, while the exterior siding is in excellent shape, protecting your investment and minimizing future repair costs. This turnkey property combines strong cash flow potential with reduced capital expenditure, making it an ideal choice for investors seeking steady returns without the burden of major renovations. The combination of modern updates, structural integrity, and three independent rental units creates a rare opportunity to build wealth through real estate while enjoying the security of a well-maintained, income-producing asset.

104-106 Madison St | MLS# 73485621

This multi-family property located at 104-106 Madison St, Chicopee, MA 01020 is currently listed for sale with an asking price of $449,900. Search Chicopee real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Concrete, Unfinished
Basement: Yes
Fenced: Yes
Heating: Steam, Unit Control, Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $4,595
Year Built: 1920

Amenities

Laundry Room
Ceiling Fan(s)
Bathroom With Tub & Shower
Living Room
Kitchen
Dining Room
Rain Gutters

Feature Descriptions

Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher, ENERGY STAR Qualified Refrigerator
Building Area Total: 2687
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 5
Dwelling Type: 3 Family - 3 Units Up/Down
Electric: 200+ Amp Service
Exterior: Frame, Brick
Fencing: Fenced/Enclosed, Fenced
Flooring: Wood, Vinyl, Hardwood
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Cleared, Level
Open Parking Y/N: Yes
Parcel Number: M:0104 P:00006
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 2
Patio And Porch: Porch, Enclosed, Deck - Wood
Road Responsibility: Public Maintained Road
Rooms Total: 15
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water: Public, Individual Meter
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Brian Calandruccio

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Estimated Payment

$ 1,515.42 per month $1,001.28 Principal & Interest $382.92 Property Tax $131.22 Homeowner's Insurance

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