Property Description

Prime location just minutes from Elms College in Chicopee and approximately 7 minutes from Baystate Medical Center. This well-positioned three-family property offers an excellent opportunity for investors or owner-occupants seeking strong rental potential, particularly for college housing. Each unit features washer and dryer hookups, separate utilities, and off-street parking. A new roof has been installed, adding peace of mind for the next owner. The first-floor tenant is currently paying below-market rent with a month-to-month lease and would like to remain in the property, providing an opportunity for a new owner to review the existing rental arrangement and potentially increase rental income. The two additional units will be delivered vacant, offering flexibility to establish new leases at market rents and maximize the property's income potential. A great opportunity to add a well-located multifamily property to your portfolio!