13 Center St & 50 Springfield St
Chicopee, MA 01013

$2,995,000

10 Photos

SCHEDULE A PRIVATE TOUR Call Print Email

Listing Details

$2,995,000
MLS# 73581527
Type Commercial - Business
Status Active

0.200 acres
Lot Size
1890
Year Built

MAP LISTING SHARE

Listed By

Agency Name: SR Commercial Realty
Agent Name: Zaisha Robert
Agency Phone: 413-459-4535

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

8.7% CAP RATE | LONG-TERM RESTAURANT LEASE | 6 RENTED APARTMENTS 13 Center St & 50 Springfield St, Chicopee MA Turnkey, cash-flowing investment with diversified commercial and residential income. Investment Highlights: ?¢ 8.7% cap rate ?¢ Staple restaurant with approximately 10 years remaining on lease ?¢ 6-family property ?? all units currently rented ?¢ 4 of 6 residential units turned over ?¢ Newer roof & mechanical systems ?¢ Established commercial and residential income. A stabilized, income-producing asset with long-term commercial tenancy and fully occupied residential units.

Features

$42,159 Taxes
Built in 1890

Gallery