Price Reduced 2.22%
205 Elm St, Westfield, MA, 01085
13 rooms
4 beds
3 Full baths
1887
5,394 sqft
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.
Status:
Pending
Type:
Multi-family
Units:
3
Zoning:
Mixed use
Levels:
3
Parking:
6-car, Paved Drive, Off Street
Acreage:
0.1
Est. Taxes:
$4,565
Assessment
$300,700
Construction
Brick
Amenities:
Public Transportation, Shopping, Highway Access, Public School, University
MLS #:
73504152
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Maritza Zavala, Naples Realty Group 413-650-1314