23 Frederick St Westfield — Photo 1 of 25
Recent Drop: $25,000
$494,000
Investment Analysis — 23 Frederick St
Westfield, MA 01085
Based on rent reported on the MLS listing, a 3-unit multi-family in 01085 carries $3,400/mo in gross rent — about a 5.24% cap rate and $25,908/yr in estimated NOI at the $494,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
2,800
Style
3 Family - 3 Units Up/Down
Built
1913
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Laundromat
Geography
Property History
$494,000
Was $519,000
Aug 26, 2026
MLS® 73558083
$519,000
Aug 10, 2026
MLS® 73558083
Listing Agent: Jennifer Bruno
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73558083
