5 Princeton St Westfield — Photo 1 of 27
$499,000
Investment Analysis — 5 Princeton St
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-unit multi-family in 01085 carries an estimated $4,340/mo in gross rent — about a 6.84% cap rate and $34,146/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
2
SqFt
3,700
Style
2 Family - 2 Units Up/Down
Built
1810
Excellent investment opportunity in Westfield! This well-maintained two family home offers flexibility for both owner-occupants and investors. The second floor unit is vacant and ready for immediate occupancy, while the first-floor unit, also offering 4 bedrooms, is scheduled to be vacant by mid-August. Both units feature spacious living and dining rooms, updated kitchens with stainless steel appliances, renovated baths, and in unit laundry. A large rear deck overlooks the backyard, providing additional outdoor space to enjoy and a shed. The roof is approximately 6 years old, and the mechanical systems are approximately 5 years old, offering added value. Conveniently located near shopping, restaurants, schools, parks, and with easy access to the Massachusetts Turnpike, this property is just a short drive from downtown Westfield. Whether you’re looking to owner occupy or expand your investment portfolio, this is an opportunity you won’t want to miss.
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 MLS and other third-party data may be inaccurate or out of date.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
Shopping • Laundromat • Highway Access • Public School
Geography
Listing Agent: Marisol Franco
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73557588
