Rare multi-generational/owner-occupant investment opportunity just minutes from downtown Westfield! This versatile property offers four living spaces across two buildings. The main home features one-floor living with 2 bedrooms/large master, 1.5 updated baths, an office, open dining area, 1st floor laundry, 3-season porch, and inviting farmer’s porch. The second floor is also updated, offering a 2-bedroom, 1-bath in-law apartment with good-sized eat-in kitchen, inviting living room, and new side deck. The second building is a two-family with newer roof and laundry in each unit. The 1st floor apartment features 3 bedrooms, 1 bath, updated open floor plan with peninsula, and partially enclosed back patio overlooking the private back yard. 2nd floor has a huge kitchen 4 bedrooms-two large bedrooms/2decent sized, 1 bath, back deck. Detached extra-large barn with attached shed provides incredible storage for vehicles and toys. Multi-generational living or multiple rental income opportunity.
This single lot contains a single family home with an in-law apartment and a detached two family rental building. Property is zoned legal pre-existing non conforming with three structures. Property is currently generating $30,000 per year based on rental units 1 & 2 and in-law apartment. Owner occupies unit 4 and pays no rent. 3 units have washer/dryer hookups - in law apartment does not. Heat and utilities for in-law apartment are shared with owner's unit and are included in rent . Appliances negotiable.Single family has full basement and has oil/wood forced hot air.Two family has electric heat servicing first floor one unit and electric and propane heat for second floor unit. Real estate taxes of $5800 were added to 2015 gross operating expenses to calculate Net Operating Income. Owner prefers weekend showings.
MLS PIN #71820110
Sep 12, 2015
Sold
$205,000
$45/sq ft
Apr 18, 2015
Listed
$219,900
$48/sq ft
+15
This single lot contains a single family home with an in-law apartment and a two family building. Property is zoned legal pre-existing non conforming with three structures. Property is currently generating $20,100 per year based on rental units 1 & 2. Owner's family member occupies in-law apartment -unit 3 - but pays no rent. Owner occupies unit 4 and pays no rent. 3 units have washer/dryer hookups - in law apartment does not. Heat and utilities for in-law apartment are not separate from single family home. Appliances negotiable.Single family has full basement and has oil/wood forced hot air. Two family has electric heat servicing first floor one unit and propane heat for second floor unit. Real estate taxes of $5800 are added to $400 of miscellaneous expense in operating income section.
MLS PIN #30038682
Sep 28, 1995
Sold
$135,000
$29/sq ft
Apr 4, 1995
Listed
$149,900
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,358 (+5.9%)
$52,300 + $343,300
$395,600
2022
$6,947 (+0.2%)
$45,700 + $303,400
$349,100
2021
$6,930 (+11.3%)
$45,700 + $303,400
$349,100
2020
$6,225 (+10.6%)
$49,100 + $225,000
$274,100
2019
$5,627 (−1.4%)
$49,100 + $198,900
$248,000
2018
$5,706 (−9.7%)
$49,100 + $203,600
$252,700
2017
$6,322 (+10.2%)
$84,300 + $204,900
$289,200
2015
$5,735 (+0.1%)
$84,300 + $206,800
$291,100
2014
$5,729
$84,300 + $206,800
$291,100
2013
$5,729 (+2.3%)
$84,300 + $206,800
$291,100
2012
$5,599 (+1.3%)
$87,700 + $216,600
$304,300
2011
$5,526
$87,700 + $216,600
$304,300
Public record
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.52 Acres
Year renovated
—
Finished Sq. Ft.
2,604
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,604
Year built
1937
Style
Single Family Residential
County
Hampden County
APN
2569228
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
8 days above 97° expected this year, 19 days in 30 years
4/10 Wind Factor
21% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Russell, MA • 01071
Average low and high temperatures (°F)
28
15
31
17
48
28
58
38
66
48
78
58
81
63
77
56
73
52
61
42
48
33
34
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1025 Westfield Rd
$604,697
$4,698 over list price of $600K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $477K to $750K.