104-106 Madison St, Chicopee, MA 01020

$465,000
5
BD
3
BA
2,687
SqFt

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Sold Price
$465,000
List Price
$449,900
Status
SOLD
MLS#
73485621
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,687
Lot Size (Acres)
0.11
Year Built
1920

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.

Additional Information

Taxes
$4,595
Interior Features
Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
Parking Description
Paved Drive, Off Street, Paved
Lot Description
Cleared, Level
Water
Public, Individual Meter
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brian Calandruccio from Listing Office: Lock and Key Realty Inc..

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