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Sold on 04/23/2025

5 Riverview Ter, Chicopee, MA 01013

  • $627,000

    Last sold 04/23/2025 for $575K

  • 9

    bed

  • 4

    bath

  • 4,228

    Sqft ($136/Sqft)

Multi-family not for sale
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About 5 Riverview Ter

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 5,675 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Tanya Harvey Group
Listing Office - Keller Williams Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73361522 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 11 minutes ago
Overview
Levels/Style 6, 6
MLS # 73361522
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 4228
Lot Size (SqFt) 5675
Lot Size (Acres) 0.13
Annual Property Tax 4149
Year Built 1920
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 9
Basement Full, Interior Entry
Total # of Rooms 17
Flooring Wood, Tile, Vinyl, Carpet
Interior Features Living Room, Kitchen, Living RM/Dining RM Combo
Exterior
Foundation Brick/Mortar
Roof Rubber
Construction Frame
Parking Desc Off Street
# Parking Spaces 3
Patio/ Porch Porch
Lot Desc Cleared
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Electricity Circuit Breakers
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School, T-Station, University
Elementary School Bowe
Middle School K Dupont
High School Chicopee
Zoning 1
APN M:0099 P:00004, 2499054
Directions Front St To Fairview To Riverview
Multifamily Details
Net Operating Income 63000
Total Actual Rent 5250
Gross Income 63000
Lot/ Land Details
Road Frontage Public
$627K
Range: $520K-$733K
Last 30 days 
  • Jun 2025
    mls logo MLS # 73361522
  • Jun 3, 2025 Sold
    $575,000 (+6.5%)
  • Apr 18, 2025 Listed
    $539,900
  • 5 Riverview Ter
    $575K
  • Chicopee Center
    $325K -5% y/y
  • 01013
    $298K -9% y/y
  • Chicopee
    $315K +5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Bowe Elementary School
public Grades K-5
Chicopee School District
4/10
Fairview Middle School
public Grades 6-8
Chicopee School District
2/10
Chicopee High School
public Grades 9-12
Chicopee School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 5 Riverview Ter
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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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