350 Elm St Westfield — Photo 1 of 30
$525,000
Investment Analysis — 350 Elm St
Westfield, MA 01085
Based on rent reported on the MLS listing, a 2-unit multi-family in 01085 carries $4,525/mo in gross rent — about a 6.82% cap rate and $35,810/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
2
SqFt
2,808
Style
Multi Family
Built
1910
Discover a unique opportunity at 350 Elm St, Westfield, MA. This expansive 2,808 square foot multi-family property and unfinished basement of 1,404sqft presents a canvas for creating your ideal purchase to make this your investment. 1st floor is a mix use apartment consisting of 3 bedrooms, full bath and second floor residential apartment consisting of 5 bedrooms and a full bath. Both units have laundry hookups. This property offers significant flexibility for various living configurations. This property, situated on a 3920 square foot lot offers 8 off street parking spaces. Envision the possibilities this distinctive mix use multi-family property holds for your future, schedule a viewing today, 48 hours notice please as both units are occupied. Some photos virtually staged.
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 MLS and other third-party data may be inaccurate or out of date.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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Range • Disposal • Refrigerator • Dishwasher • Microwave • ENERGY STAR Qualified Refrigerator
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Listing Agent: Viktoria Brennan
Listing Office: Gallagher Real Estate
MLS® Number: 73572512
