***HIGHEST & BEST OFFERS DUE BY MONDAY, MARCH 4TH @ 5PM *** Excellent 3 family investment opportunity!! Looking to add or to start your rental portfolio, Well look no further, 11 Reed Ave is just the one!! All units have the same layout - kitchen, living room, bath, 3 bedrooms & rear porch.Separate utilities for all units, including in unit electric panels, individual natural gas forced hot air furnaces, Dedicated Water Heaters & More. Units have updates and are rented with long term tenants. Tenants can also enjoy on-site laundry facilities if buyer chooses in common area basement. Month to Month Tenants - Current rent is below market value so there is room for increased income. Owner pays water, sewer & trash. Close to area colleges, Library, shopping centers, and more! This building is nestled amongst other multi-unit homes with its own off street parking. Now is the time, invest in your future! Schedule your appointment today. Group Showings at specified times only.
Sold for $355,000 on 05/03/24
$355,000
11 Reed Ave, Chicopee, MA 01020
9beds
3,240sqft
3 Family
Built in 1920
-- sqft lot
$413,100 Zestimate®
$110/sqft
$1,730 Estimated rent
Home value
$413,100
$380,000 - $446,000
$1,730/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 03, 2024 at 10:18am
Listed by:
Dakota Richards 413-386-9856,
ERA M Connie Laplante Real Estate 413-536-9111
Bought with:
Dakota Richards
ERA M Connie Laplante Real Estate
Source: MLS PIN,MLS#: 73206789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Pantry, Living Room, Kitchen
- Flooring: Tile, Vinyl, Carpet, Laminate, Vinyl / VCT
- Basement: Full,Bulkhead,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Common, Paved
- Uncovered spaces: 4
Features
- Patio & porch: Porch
Lot
- Size: 2,925 sqft
Details
- Additional structures: Shed(s)
- Parcel number: M:0127 P:00019,2500770
- Zoning: 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar, Other
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Washer Hookup, Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Chicopee
HOA & financial
Other financial information
- Total actual rent: 3500
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2024 | Sold | $355,000+7.6%$110/sqft |
Source: MLS PIN #73206789 | ||
| 2/29/2024 | Listed for sale | $329,900+83.3%$102/sqft |
Source: MLS PIN #73206789 | ||
| 8/7/2018 | Listing removed | $1,050 |
Source: Zillow Rental Manager | ||
| 7/6/2018 | Listed for rent | $1,050 |
Source: Zillow Rental Manager | ||
| 12/30/2014 | Sold | $180,000$56/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,468 +8% | $294,700 +5.2% |
| 2024 | $4,136 +8.2% | $280,200 +11.1% |
| 2023 | $3,821 +1% | $252,200 +13.3% |
Find assessor info on the county website
Neighborhood: 01020
Nearby schools
GreatSchools rating
- NABelcher Elementary SchoolGrades: PK-2Distance: 0.7 mi
- 3/10Bellamy Middle SchoolGrades: 6-8Distance: 2.5 mi
- 2/10Chicopee High SchoolGrades: 9-12Distance: 0.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$413,100
2% more+ $8,262
With Zillow Showcase(estimated)
$421,362