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32 Margerie St, Westfield MA 01085

$329,000

Estimated $956.55/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $164,500

Total Rent: 19200/year

Estimated CAP Rate: 4.29%

4 Bedrooms

2 Full Baths

2,352 SqFt

Total Parking: 2

8,960 SqFt

Turnkey Opportunity**: This property is fully operational, with one unit already generating income and the second unit in move-in-ready condition. There’s no need for costly renovations or repairs—simply rent out the second unit or move in yourself and start building equity. Westfield is one of the fastest-growing cities in Massachusetts, with major infrastructure projects and urban revitalization plans boosting property values across the region. Property need some exterior TLC.This property can be purchased as a portfolio with a few other Multi-families own by the same owner. ( MLS 73295697, 73295694 , 73295699, 73295695)open house has been postpone until further notice.

This home has been viewed 32 times

Last Checked: November 9th, 2024 at 5:21am (Source: MLS PIN #73295698)

Gross Income: $19,200

Gross Expenses: $5,077

Net Income Calc: $14,123

CAP Rate: 4.29%

Annual Expenses for 32 Margerie St, Westfield MA 01085

Total Gross Expenses (Calculated)$5,077/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,077

Annual Income & Unit Breakdown for 32 Margerie St, Westfield MA 01085

Total Gross Income (Calculated)$19,200

Unit 1

Rental Income$1,600

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 32 Margerie St, Westfield MA 01085

Listing ID73295698

Property TypeMulti Family

Price$329,000 ($139.88/SqFt)

StyleMulti Family

CityWestfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,352 SqFt

Approximate Lot Size (Acres)0.21 acres

Total Parking2

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningRM

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 32 Margerie St, Westfield MA 01085

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$19,200

Total Net Income By Broker$19,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 32 Margerie St, Westfield MA 01085

Real Estate Taxes$5,077

Tax Year2024

Assessed Value$317,900

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$19,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$19,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.29%

Location Information for 32 Margerie St, Westfield MA 01085

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 32 Margerie St, Westfield MA 01085

Agent

Name: Ronald Rene

Office

Name: Vicente Realty, LLC

Phone: 508-944-3144

Payment Calculator

, Interest

Property Taxes 423.08

Principal & Interest 2027.19

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vicente Realty, LLC

Ronald Rene

Agent Phone

Office Phone

(508) 944-3144

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT