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.
Parking:
6-car, Paved Drive, Off Street
Amenities:
Public Transportation, Shopping, Highway Access, Public School, University
205 Elm St, Westfield, MA, 01085
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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