ChangBae Son Of Premier Realty Group Represents Buyer In Multifamily Sale At 1060 Chicopee Street For $1.38M

A 12-unit apartment building located at 1060 Chicopee Street in Chicopee, MA, has been sold for $1,380,000. The property comprises 13,911 sq. ft. and includes 29 bedrooms and 12 bathrooms. The price per unit is $115,000, while the price per square foot stands at $99.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,380,000
• Units: 12
• Square Footage: 13,911
• Price Per Unit: $115,000
• Price Per Square Foot: $99
• Buyer's Representative: ChangBae Son - Premier Realty Group
• Seller's Representative: Nghia Nguyen - PRIVI Realty

The transaction involved ChangBae Son of Premier Realty Group representing the buyer and Nghia Nguyen of PRIVI Realty representing the seller. The building features 7 recently renovated units along with 6 subsidized tenants, generating over $14,000 in monthly rent, with tenants responsible for their own utilities.