Three family home in Westfield featuring three separate residential units. The first and second floor units are currently occupied, while the third floor unit is vacant. The property offers wood floors, insulated windows, vinyl siding, enclosed porches, a full basement with bulkhead access, off street parking for up to six vehicles, and a large backyard. A solid opportunity for an investor or owner occupant seeking a multi unit property with one unit available at closing. Property includes additional land that may offer potential for a separate building lot, subject to city approval and any required variance. Buyer and buyer’s agent to perform all due diligence with the City of Westfield.
Welcome to this oversized two-family home offering exceptional space, versatility, and investment potential. Whether you're looking to owner-occupy or expand your portfolio, this property is a rare opportunity. The vacant unit has been beautifully renovated and is move-in ready, featuring gleaming hardwood floors, new appliances, and a spacious, open layout. The first floor offers an inviting living room, formal dining room, and an updated kitchen, along with a full bathroom featuring convenient laundry hookups. Upstairs, you'll find three generously sized bedrooms, a second full bathroom, and a bonus room perfect for a home office or playroom. Continue to the finished third floor where two additional bedrooms provide endless possibilities for extended living space, guests, or hobbies. The occupied unit offers a similar functional layout, including a finished attic with a spacious primary bedroom. Additional highlights include separate owner and tenant utility meters, forced-air natural gas heating, updated heating systems, updated water heaters, and a large, beautifully maintained backyard ideal for entertaining, gardening, or outdoor enjoyment. Lead compliance certificates are available for both units, offering added value and convenience for the next owner. With one fully renovated vacant unit ready for immediate occupancy and another income-producing unit already in place, this oversized multi-family is the perfect opportunity for both homeowners and investors alike. Schedule your private showing today! OPEN HOUSE SATURDAY 8/4 10:30-12
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.
Excellent investment opportunity in Westfield! This well-maintained two family home offers flexibility for both owner-occupants and investors. The second floor unit is vacant and ready for immediate occupancy, while the first-floor unit, also offering 4 bedrooms, is scheduled to be vacant by mid-August. Both units feature spacious living and dining rooms, updated kitchens with stainless steel appliances, renovated baths, and in unit laundry. A large rear deck overlooks the backyard, providing additional outdoor space to enjoy and a shed. The roof is approximately 6 years old, and the mechanical systems are approximately 5 years old, offering added value. Conveniently located near shopping, restaurants, schools, parks, and with easy access to the Massachusetts Turnpike, this property is just a short drive from downtown Westfield. Whether you’re looking to owner occupy or expand your investment portfolio, this is an opportunity you won’t want to miss.
Discover an outstanding investment opportunity at 460 Russell Road, Westfield, MA. Built in 1988, this well-maintained two-family property offers approximately 1,764 square feet of living space with an attractive combination of modern construction, strong rental potential, and highly favorable financing.Each unit provides comfortable living accommodations, with a total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms. The property’s efficient layout makes it ideal for owner-occupants, investors, or those seeking multi-generational living.Situated on a generous 26,734-square-foot lot, the property offers abundant outdoor space with room for recreation, future improvements, or enhanced landscaping.One of the most compelling features is the exceptional financing opportunity. The property is encumbered by an assumable private loan 20year amortization at 5% with 17 years left . Pmt $4,355.71 balance is $605,166(460&472 Russell Road are on the same loan and prefer to sell as package) In today’s interest rate environment, this financing can provide a significant advantage and improve overall investment returns.For qualified buyers, the seller may also consider:* Seller-held second mortgage financing, allowing for flexible deal structuring.* 1031 Exchange transactions.Flexible financing options may enable buyers to preserve capital for renovations, value-add improvements, or future acquisitions while benefiting from below-market financing.Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or purchase a quality multi-family property with unique financing advantages, 472 Russell Road deserves your attention.
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
Don’t miss your chance to own this cash flowing asset. This well-positioned three-story building offers strong, consistent income with multiple revenue streams already in place. The property features a fully equipped commercial space on the first floor currently set up to be used as a restaurant, providing immediate business potential or the flexibility for a new concept. Above, residential units generate steady monthly income, making this a true turnkey investment. Recent updates throughout the property, combined with its solid rental history, create a reliable foundation for both seasoned investors and ambitious entrepreneurs. With ample parking, close proximity to I-90, and easy access to Westfield State University, the location supports long-term growth and tenant demand. Whether you’re looking to expand your portfolio or establish your own business while collecting rental income this property delivers both stability and upside potential.
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.
