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10.5 & 12 Cherry St, Westfield MA 01085

$339,987

Estimated $968/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $67,997.40

Total Rent: 35700/year

Estimated CAP Rate:

6 Bedrooms

Baths

2455

Total Parking: 5

5,776 (0.13)

Tremendous cash flow opportunity here!! 5 units total within 2 buildings on the same lot. Units consist of 4 one bedrooms and 1 - 2 bedroom apartment. Apartments are very easy to rent. Great location close to downtown, shopping, highways and Westfield State.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 8:36am (Source: MLS PIN #73107076)

Gross Income: $35,700

Gross Expenses: $4,998

Net Income Calc: $30,702

Annual Expenses for 10.5 & 12 Cherry St, Westfield MA 01085

Total Gross Expenses (Calculated)$4,998/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4998

Annual Income & Unit Breakdown for 10.5 & 12 Cherry St, Westfield MA 01085

Total Gross Income (Calculated)$35,700

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 10.5 & 12 Cherry St, Westfield MA 01085

Listing ID73107076

Property TypeMulti Family

Price339987 ($138.49/SqFt)

Style5+ Family - 5+ Units Side By Side

CityWestfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total2455

Approximate Lot Size (Acres)0.13

Total Parking5

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 10.5 & 12 Cherry St, Westfield MA 01085

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSee Info Pack

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0% NET

Facilitator Compensation1.0% NET

Compensation Based OnNet Sale Price

Financial Information for 10.5 & 12 Cherry St, Westfield MA 01085

Real Estate Taxes4998

Tax Year2019

Assessed Value$254,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 10.5 & 12 Cherry St, Westfield MA 01085

Neighborhood(s)

Area Amenities

Contact Information for 10.5 & 12 Cherry St, Westfield MA 01085

Agent

Name: Bill Nichols

Office

Name: Hampden Realty Center, LLC

Phone: 413-507-2988

Payment Calculator

, Interest

Property Taxes 416.5

Principal & Interest 2094.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hampden Realty Center, LLC

Bill Nichols

Agent Phone

Office Phone

(413) 507-2988

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Closed

10.5 & 12 Cherry St, Westfield MA 01085

$339,987

Annual Expenses for 10.5 & 12 Cherry St, Westfield MA 01085

Annual Income & Unit Breakdown for 10.5 & 12 Cherry St, Westfield MA 01085

General Information for 10.5 & 12 Cherry St, Westfield MA 01085

Disclosures for 10.5 & 12 Cherry St, Westfield MA 01085

Financial Information for 10.5 & 12 Cherry St, Westfield MA 01085

Location Information for 10.5 & 12 Cherry St, Westfield MA 01085

Contact Information for 10.5 & 12 Cherry St, Westfield MA 01085

Agent

Office

Payment Calculator

Exclusive Listing Agent

Hampden Realty Center, LLC

Bill Nichols