16 Grape St
Chicopee, MA 01013
- 63 Beds
- 29 Baths
- 27,000 sqft (on 0.39 acres)
63 Beds
29 Baths
27,000 sqft
(on 0.39 acres)
Local Information
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Description
Amazing opportunity to purchase a cash flowing, fully occupied 29-unit portfolio, in an emerging Chicopee market This portfolio consists of 29 units, of which 22 are all on one block, the other 7 Units are only a few minutes away (726 Chicopee St. 26 of the 29 units are residential with up to date tenants, no arrears The other 3 commercial spaces are home to 3 long term tenants, two salons and one storefront style church. Utilities are tenant paid, including electric heat in all 29 units, so no need to worry about replacing boilers. Many updates throughout, including electrical panels, water heaters, and updated units. Additional upside through increasing current rent roll. Proforma is a 8.7% CAP. Professional management company handles the daily operations and maintenance. Perfect for an investor who isn't local or is looking for a "hands off" income producing asset.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
Deck
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 16 Grape St
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Year Built Year Built: 1905Year Updated: 1905 |
Property Type / Style Property Type: Multi Family |
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Interior Details Number of Rooms: 10 |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features DeckExterior: Wood |
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Units in Building: 4 |
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Lot Area: 0.39 acres |
Price History for 16 Grape St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/31/2024 | $2,900,000 | ListingRemoved | MLS PIN #73183242 |
| 01/02/2024 | $2,900,000 | PriceChange | MLS PIN #73183242 |
| 12/19/2023 | $3,070,000 | PriceChange | MLS PIN #73183242 |
| 11/28/2023 | $3,170,000 | Listed For Sale | MLS PIN #73183242 |
| 08/03/2022 | ListingRemoved | Berkshire Hathaway HomeServices New England Properties | |
| 06/16/2022 | $3,090,000 | PriceChange | MLS PIN #72981901 |
| 05/15/2022 | $3,190,000 | Listed For Sale | MLS PIN #72981901 |
| 06/27/2012 | $800,000 | Sold | N/A |
| 12/01/1999 | $150,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $25,243 |
| Assessment | $1,665,100 |
Home facts updated by county records
Comparable Sales for 16 Grape St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $495,000 | 08/12/25 | 6 | 3 | 3,639 | |
0.39 | Multi-Family Home | $575,000 | 06/02/25 | 9 | 4 | 4,228 | |
0.05 | Multi-Family Home | $411,000 | 06/18/25 | 5 | 3 | 2,656 | |
0.34 | Multi-Family Home | $400,000 | 06/13/25 | 8 | 3 | 2,695 | |
0.64 | Multi-Family Home | $375,000 | 10/17/25 | 5 | 5 | 3,179 | |
0.52 | Multi-Family Home | $400,000 | 03/09/26 | 5 | 2 | 2,572 | |
0.52 | Multi-Family Home | $400,000 | 03/09/26 | 5 | 2 | 2,572 | |
0.34 | Multi-Family Home | $420,000 | 11/07/25 | 4 | 2 | 2,228 | |
0.18 | Multi-Family Home | $220,000 | 09/12/25 | 4 | 2.5 | 2,108 | |
0.79 | Multi-Family Home | $560,000 | 01/15/26 | 7 | 3 | 2,387 |
Assigned Schools
These are the assigned schools for 16 Grape St.
What Locals Say about Chicopee
At least 484 Trulia users voted on each feature.
84 % Say it's dog friendly
82 % Say parking is easy
81 % Say car is needed
74 % Say there are sidewalks
72 % Say there's holiday spirit
72 % Say yards are well-kept
67 % Say streets are well-lit
64 % Say kids play outside
60 % Say people would walk alone at night
56 % Say it's walkable to restaurants
55 % Say it's quiet
54 % Say they plan to stay for at least 5 years
53 % Say it's walkable to grocery stores
50 % Say neighbors are friendly
45 % Say there's wildlife
28 % Say there are community events
Learn more about our methodology.
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16 Grape St, Chicopee, MA 01013 is a 63 bedroom, 29 bathroom, 27,000 sqft multi-family built in 1905. This property is not currently available for sale. 16 Grape St was last sold on Jun 27, 2012 for $800,000. The current Trulia Estimate for 16 Grape St is $1,897,100.

