Tenant-Occupied Multifamily
14 Perrault, Chicopee, MA 01013
For Sale
New
$365,000
Existing tenants provide current occupancy and rental income.
Property Size1,892 SF
Lot Size0.11 Acres
Price / SF$192.92
Days on Market6
Property Features for 14 Perrault
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Net Operating Income
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coldwell Banker Realty - Western MA
(413) 567-8931
Listed By:
Brendan Hanna
(518) 301-1775
Source:
Churchillprop
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 8 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Western MA
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The multifamily property at 14 Perrault Street in Chicopee contains 1,892 square feet and was built in 1870. The sale includes a 5,000-square-foot lot, and the property is occupied by tenants. Zoning is R1 APO.
Major highways are accessible from the property, and a public park is within walking distance. The location also provides access to Chicopee and Springfield.
Major highways are accessible from the property, and a public park is within walking distance. The location also provides access to Chicopee and Springfield.
Key Highlights
- 1,892‑square‑foot multifamily property built in 1870
- 5,000‑square‑foot lot included with the property
- Occupied by tenants generating rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,965
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,300
$459.3K
Cap Rate 7%
$328,071
$328.1K
Cap Rate 9%
$255,167
$255.2K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$44.0K $23.28/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$41.8K $22.07/SF
− OpEx
−$18.8K −$9.93/SF
NOI
$23.0K $12.14/SF
Area
Hampden County, MA
Vacancy
5.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,300
Cap Rate 7%
$328,071
Cap Rate 9%
$255,167
Alternative Uses
Best Use
Apartment 5plus
$328.1K
$287.1K – $382.8K
NOI $22,965 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,625 @ 7.0% cap · market cap 22.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Explore this area
Business Placement
Demographics for 01013, MA
23,656
Population
10,309
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
4,150
Density / Sq Mi
$64,039
Median Household Income
$45,268
Median Earnings
$1,005
Median Rent
$249,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Chicopee, MA
Properties on Market for Multifamily properties in Chicopee
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Existing tenants provide current occupancy and rental income.
Where is this multifamily property located?
The property is located at 14 Perrault Chicopee, MA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1,892‑square‑foot multifamily property built in 1870; 5,000‑square‑foot lot included with the property; Occupied by tenants generating rental income
