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920 Chicopee St, Chicopee, ...

Updated Sep 5, 2024

Keller Williams Realty Greater Worcester Acquires Multifamily In Chicopee MA For $2.1M
SOLDMultiFamily

Keller Williams Realty Greater Worcester Acquires Multifamily In Chicopee MA For $2.1M

920 Chicopee St, Chicopee, Massachusetts 01013, United States

$2,105,000

$92/SF

Building Size

22,876 SF

Asset Type

MultiFamily

Closing

Jul 12, 2022

About this deal

AI

An multifamily property located at 920 Chicopee St in Chicopee, MA was recently sold. The transaction took place on 07/13/2022.

Summary of transation details

  • Property Type: Multifamily
  • Sale Price: $2,105,000
  • Square Footage: 22,876
  • Price Per Square Foot: $92
  • Address: 920 Chicopee St, Chicopee, MA
  • Market: Chicopee, MA

The buyer's representative in this transaction was Pankaj Gupta from Keller Williams Realty Greater Worcester. On the other hand, Pablo Ottenwalder from Lock & Key Realty Inc represented the seller.

The multifamily sale at 920 Chicopee St, Chicopee, Massachusetts 01013, United States in Chicopee, Massachusetts sold for $2.1M in 2022. The building is 22,876 square feet, implying about 92 per square foot on the published price. Pankaj Gupta, Pablo Ottenwalder, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Chicopee, Massachusetts file for the 920 Chicopee St, Chicopee, Massachusetts 01013, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicopee sit in the Market section below. Filter that Chicopee multifamily set by closing date to see what else sold near 920 Chicopee St, Chicopee, Massachusetts 01013, United States around 2022. Published consideration for 920 Chicopee St, Chicopee, Massachusetts 01013, United States is $2.1M, dated 2022. Cite this Keller Williams Realty Greater Worcester Acquires Multifamily In Chicopee MA For $2.1M sale when underwriting similar multifamily product around Chicopee, Massachusetts.

On the Map

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$2,105,000

$92/SF

MultiFamily

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Players

Pankaj Gupta

Keller Williams Realty

Broker

$2.1M

vol

2 deals

Broker

Chicopee MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $92 per square foot on a published $2.1M for 22,876 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.54%

Cash-on-Cash

-2.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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