10.5 & 12 Cherry St is a rare 5-unit income property across two buildings on one lot and one parcel. Operating and cash flowing from day one. 4 long-term tenants in place generating $3,825/month with a vacant 5th unit ready for immediate lease at market rate, giving the next owner instant upside. Unit mix features well-maintained 1-bedroom apartments with open layouts, natural light, and private entrances. Gas heat throughout, vinyl siding, covered porches, and 5 dedicated off-street parking spaces. Combined 2,455 sq ft of living space across both buildings. Ideally located minutes from downtown Westfield, Route 20, and I-90, with walkable access to shopping, dining, and public transit. Close proximity to Westfield State University supports consistent rental demand year-round. Strong current income with value-add potential. Ideal for the owner-occupant looking to offset their mortgage with rental income, or the investor expanding their portfolio in a proven Western MA rental market.
Come take a look at this side-by-side, two-family home in Westfield, tucked away on a generous 0.62 acre-lot in a convenient location that is within minutes of downtown Westfield, shopping while offering a residential setting. Each unit features spacious bedrooms, bathrooms, beautiful wood flooring, ample closet space, and multiple living areas. Additional highlights include a full walk-up attic, a detached shed with electricity, and plenty of outdoor space to enjoy. With some significant updating, this property offers a tremendous opportunity for investors, contractors, or owner-occupants looking to build equity over time. With its size, layout and lot, transform this home into a something special.
Renovated 2 family located in Westfield close to many amenities. Convenient location near shopping ,restaurants and close to high way access makes this multi a cash cow. Newly renovated in 2023 with new kitchens with granite and stainless appliances, new bathrooms, hardwood floors, windows doors, gas heating plus so much more. Come take a look. Scheduled Showings will be Saturdays from 12-4. Agents Please go through showing time to book for that time frame.
Discover an exceptional multi-family property located at 472 Russell Road in Westfield, MA. Constructed in 1988, this expansive residence offers 1764 square feet of meticulously designed living space, presenting a significant opportunity for discerning buyers seeking both comfort and investment potential. The property features a total of four well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing these living quarters are two full bathrooms, thoughtfully appointed to serve the residents' needs, alongside two convenient half bathrooms, enhancing the overall functionality and ease of living within the home. Situated on a generous 26,734 square foot lot, this property offers considerable outdoor space for various activities and future landscaping endeavors. We invite you to explore the distinct advantages and versatile living arrangements this multi-family residence provides.
Discover an exceptional multi-family property located at 472 Russell Road in Westfield, MA. Constructed in 1988, this expansive residence offers 1764 square feet of meticulously designed living space, presenting a significant opportunity for discerning buyers seeking both comfort and investment potential. The property features a total of four well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing these living quarters are two full bathrooms, thoughtfully appointed to serve the residents' needs, alongside two convenient half bathrooms, enhancing the overall functionality and ease of living within the home. Situated on a generous 26,734 square foot lot, this property offers considerable outdoor space for various activities and future landscaping endeavors. We invite you to explore the distinct advantages and versatile living arrangements this multi-family residence provides.
12 Franklin Ave contains three (3) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 4,503 square feet of gross living area in 7,013 square feet of gross area. The Property is situated upon a 0.20-acre parcel and features five (5) off-street parking spaces. 12 Franklin Avenue is well-positioned in downtown Westfield, offering direct access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for gas-powered heat & hot water utilities, as well as separately metered electricity. The Landlord is responsible for providing city water & sewer. A primary demand anchor is Westfield State University, a regional higher education institution with approximately 4,600 students that contributes to consistent renter demand from students, faculty, and staff. The opportunity exists to acquire a well-maintained asset in a desirable Western Mass community.
Stop waiting for the right time to invest—this is it. Whether you're looking to break into real estate investing, house-hack your way to financial freedom, or add a strong asset to your portfolio, this fully renovated 2 family is the opportunity you've been waiting for. The hard work has already been done in these 2 bedroom units, giving you the peace of mind of a move-in-ready property. Thoughtfully updated from top to bottom, the heavy lifting has already been done. Modern finishes, updated systems, and low-maintenance living mean less time worrying about repairs and more time focusing on your future. Live in one unit and let rental income help offset your mortgage, or maximize cash flow by renting both units. READY FOR THE BONUS? The walk-out basement has the potential to be a 3rd unit. See tentative plans and imagine your profits fly. Endless opportunity awaits in the heart of Westfield with easy access to downtown shops, restaurants, parks, & commuter routes
Westfield is located in Massachusetts. Westfield, Massachusetts has a population of 40,922. Westfield is more family-centric than the surrounding county with 27.24% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Westfield, Massachusetts is $73,692. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Westfield is 38.5 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 47.7 inches per year, with 40.2 inches of snow per year.
