
12 Franklin Ave Westfield — Photo 1 of 19
Recent Drop: $25,000
$775,000
Investment Analysis — 12 Franklin Ave
Westfield, MA 01085
Based on rent reported on the MLS listing, a 5-unit multi-family in 01085 carries $7,585/mo in gross rent — about a 8.21% cap rate and $63,634/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
5
SqFt
4,503
Style
5-9 Family
Built
1890
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$775,000
Was $800,000
Jul 27, 2026
MLS® 73536486
$800,000
Jun 16, 2026
MLS® 73536486
$1,285
Jan 14, 2026
MLS® 73450833
$1,700
Jan 14, 2026
MLS® 73450831
$1,700
Nov 22, 2025
MLS® 73442512
$1,400
Nov 3, 2025
MLS® 73450833
$1,700
Nov 3, 2025
MLS® 73450831
$1,700
Oct 10, 2025
MLS® 73442512
Listing Agent: Michael Bradley
Listing Office: Horvath & Tremblay
MLS® Number: 73536486
