Don’t miss your chance to own this cash flowing asset. This well-positioned three-story building offers strong, consistent income with multiple revenue streams already in place. The property features a fully equipped commercial space on the first floor currently set up to be used as a restaurant, providing immediate business potential or the flexibility for a new concept. Above, residential units generate steady monthly income, making this a true turnkey investment. Recent updates throughout the property, combined with its solid rental history, create a reliable foundation for both seasoned investors and ambitious entrepreneurs. With ample parking, close proximity to I-90, and easy access to Westfield State University, the location supports long-term growth and tenant demand. Whether you’re looking to expand your portfolio or establish your own business while collecting rental income this property delivers both stability and upside potential.
This home has been viewed 5 times
Last Checked: July 3rd, 2026 at 6:38am (Source: MLS PIN #73504152)
Gross Income: $66,000
Gross Expenses: $4,565
Net Income Calc: $61,435
Water Views
Annual Expenses for 205 Elm St, Westfield MA 01085
Total Gross Expenses (Calculated)$4,565/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4565
Annual Income & Unit Breakdown for 205 Elm St, Westfield MA 01085
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 205 Elm St, Westfield MA 01085
Listing ID73504152
Property TypeMulti Family / 3 Family
Price439900 ($81.55/SqFt)
Style3 Family - 3 Units Up/down
CityWestfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total5394
Approximate Lot Size (Acres)0.1
Total Parking6
Garage Parking0
Year Built1887
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningMixed use
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 205 Elm St, Westfield MA 01085
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 205 Elm St, Westfield MA 01085
Real Estate Taxes4565
Tax Year2025
Assessed Value$300,700
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 205 Elm St, Westfield MA 01085
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 205 Elm St, Westfield MA 01085