34 W School St Westfield — Photo 1 of 40
$525,000
Investment Analysis — 34 W School St
Westfield, MA 01085
Based on rent reported on the MLS listing, a 2-unit multi-family in 01085 carries $4,800/mo in gross rent — about a 7.41% cap rate and $38,898/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
4,840
Style
Multi Family
Built
1893
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 9/12 12:30-2PM
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.
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Listing Agent: Sheila Perez
Listing Office: Naples Realty Group
MLS® Number: 73558797
