Check out this two-family home, centrally located in Westfield! Perfect for owner occupied or an investment opportunity. First floor unit offers 2 beds and 1 bath, and is currently rented to a long term tenant. Second floor unit occupies the second and third floor. Second floor offers 1 bed and 1 full bath, kitchen, and living room and third floor offers 2 beds and a half bath. Second floor unit kitchen has recently been updated with stainless steal appliances, and will be vacant at closing. Laundry for both units are located in the basement.
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 12:50am (Source: MLS PIN #73035252)
Gross Income: $9,600
Gross Expenses: $3,411
Net Income Calc: $6,189
CAP Rate: 1.96%
Annual Expenses for 74 E Silver St, Westfield MA 01085
Total Gross Expenses (Calculated)$3,411/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,411
Annual Income & Unit Breakdown for 74 E Silver St, Westfield MA 01085
Total Gross Income (Calculated)$9,600
Unit 1
Rental Income$800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Water)
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(heat, Water)
General Information for 74 E Silver St, Westfield MA 01085
Listing ID73035252
Property TypeMulti Family
Price$315,000 ($140/SqFt)
StyleMulti Family
CityWestfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,250 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking3
Garage Parking
Year Built1906
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 74 E Silver St, Westfield MA 01085
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$9,600
Total Net Income By Broker$9,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 74 E Silver St, Westfield MA 01085
Real Estate Taxes$3,411
Tax Year2022
Assessed Value$184,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.96%
Location Information for 74 E Silver St, Westfield MA 01085
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, University
Contact Information for 74 E Silver St, Westfield MA 01085