5 Riverview Ter, Chicopee, MA 01013
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$539,900
3 Unit
9 Beds
4 Baths
4228 SQFT
0.13 Acre

Property Description

Investor Alert! 3-Unit Property – Remodelled & Fully Occupied, Incredible investment opportunity in the heart of Chicopee! 3-family home offering immediate cash flow & long-term rental income potential. Perfect for savvy investors looking to add a strong performer to their portfolio. This property features three large units – 2 w/ 4 beds & 1 bath, & 1 w/ 5 beds & 2 baths. Each unit boasts spacious layouts, great natural light, updated finishes that appeal to tenants & minimize maintenance for the owner. Major updates include: New vinyl siding, New windows throughout, Newer roof, Updated interiors (flooring, kitchens, bathrooms, etc.) Separate utilities for tenant convenience. Tenants enjoy a private backyard, perfect for relaxing or entertaining, off-street parking for added convenience – a huge plus in this area. This property is located close to schools, shopping, parks, public transportation & hwy access. With stable tenants already in place, you can own & start collecting rent.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 63000
  • Net Operating Income: 63000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73361522
  • Last Updated: 04/19/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/18/2025New$539,900$128MLSPIN

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Seller's Representative: Tanya Harvey Group, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-19 10:24:00

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