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113 Franklin St, Westfield MA 01085

$449,900

Estimated $1,140.01/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $112,475

Total Rent: 53160/year

Estimated CAP Rate: 10.72%

8 Bedrooms

4 Full Baths

3,732 SqFt

Total Parking: 6

15,561 SqFt

Great opportunity to buy this large multi family with over 3,700 s.f. in a prime area, close to Westfield State University. Featuring 15 rooms, 8 bedrooms and 4 baths. First unit has 3 bedrooms. Second & third floor units each have 2 bedrooms. There is an additional 1 room efficiency on the second floor. Each unit has its own separate meter. Laundry hookups are in basement. Large yard with ample parking.

This home has been viewed 41 times

Last Checked: November 14th, 2025 at 6:28am (Source: MLS PIN #73444432)

Gross Income: $53,160

Gross Expenses: $4,926

Net Income Calc: $48,234

CAP Rate: 10.72%

Annual Expenses for 113 Franklin St, Westfield MA 01085

Total Gross Expenses (Calculated)$4,926/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,926

Annual Income & Unit Breakdown for 113 Franklin St, Westfield MA 01085

Total Gross Income (Calculated)$53,160

Unit 1

Rental Income$1,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$430

LeaseN

Bedrooms

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 113 Franklin St, Westfield MA 01085

Listing ID73444432

Property TypeMulti Family / 3 Family

Price$449,900 ($120.55/SqFt)

Style3 Family

CityWestfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,732 SqFt

Approximate Lot Size (Acres)0.36 acres

Total Parking6

Garage Parking

Year Built1875

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter,Granite

Accessible Features

Outdoor Space

Zoning.

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 113 Franklin 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$53,160

Total Net Income By Broker$53,160

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 113 Franklin St, Westfield MA 01085

Real Estate Taxes$4,926

Tax Year2025

Assessed Value$324,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$53,160

BostonRealEstate.com Gross Income

Total Net Income By Broker$53,160

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.72%

Location Information for 113 Franklin St, Westfield MA 01085

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 113 Franklin St, Westfield MA 01085

Agent

Name: The Neilsen Team

Office

Name: The Neilsen Team

Phone: 413-313-4465

Team Members

Name: Kathleen Neilsen

Phone: 413-575-0177

Payment Calculator

, Interest

Property Taxes 410.5

Principal & Interest 2772.14

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Neilsen Team

Agent Phone

Office Phone

(413) 313-4465

Text Agent Call Agent Call Office

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[terms] => Array
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EXIT

Active

113 Franklin St, Westfield MA 01085

$449,900

Annual Expenses for 113 Franklin St, Westfield MA 01085

Annual Income & Unit Breakdown for 113 Franklin St, Westfield MA 01085

General Information for 113 Franklin St, Westfield MA 01085

Disclosures for 113 Franklin St, Westfield MA 01085

Financial Information for 113 Franklin St, Westfield MA 01085

Location Information for 113 Franklin St, Westfield MA 01085

Contact Information for 113 Franklin St, Westfield MA 01085

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

The Neilsen Team

The Neilsen Team