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460 Russell Road, Westfield MA 01085

$475,000

Estimated $1,169/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $237,500

Total Rent: 18000/year

Estimated CAP Rate:

4 Bedrooms

Baths

1764

Total Parking: 6

26,734 (0.61)

Discover an outstanding investment opportunity at 460 Russell Road, Westfield, MA. Built in 1988, this well-maintained two-family property offers approximately 1,764 square feet of living space with an attractive combination of modern construction, strong rental potential, and highly favorable financing.Each unit provides comfortable living accommodations, with a total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms. The property’s efficient layout makes it ideal for owner-occupants, investors, or those seeking multi-generational living.Situated on a generous 26,734-square-foot lot, the property offers abundant outdoor space with room for recreation, future improvements, or enhanced landscaping.One of the most compelling features is the exceptional financing opportunity. The property is encumbered by an assumable private loan 20year amortization at 5% with 17 years left . Pmt $4,355.71 balance is $605,166(460&472 Russell Road are on the same loan and prefer to sell as package) In today’s interest rate environment, this financing can provide a significant advantage and improve overall investment returns.For qualified buyers, the seller may also consider:* Seller-held second mortgage financing, allowing for flexible deal structuring.* 1031 Exchange transactions.Flexible financing options may enable buyers to preserve capital for renovations, value-add improvements, or future acquisitions while benefiting from below-market financing.Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or purchase a quality multi-family property with unique financing advantages, 472 Russell Road deserves your attention.

This home has been viewed 235 times

Last Checked: October 24th, 2026 at 6:43am (Source: MLS PIN #73539184)

Gross Income: $18,000

Gross Expenses: $10,487

Net Income Calc: $7,513

Annual Expenses for 460 Russell Road, Westfield MA 01085

Total Gross Expenses (Calculated)$10,487/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4787

Annual Income & Unit Breakdown for 460 Russell Road, Westfield MA 01085

Total Gross Income (Calculated)$18,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 460 Russell Road, Westfield MA 01085

Listing ID73539184

Property TypeMulti Family / 2 Family

Price475000 ($269.27/SqFt)

Style2 Family - 2 Units Side By Side

CityWestfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total1764

Approximate Lot Size (Acres)0.61

Total Parking6

Garage Parking0

Year Built1988

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 460 Russell Road, Westfield MA 01085

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 460 Russell Road, Westfield MA 01085

Real Estate Taxes4787

Tax Year2026

Assessed Value$320,600

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 460 Russell Road, Westfield MA 01085

Neighborhood(s)

Area Amenities

Contact Information for 460 Russell Road, Westfield MA 01085

Agent

Name: Russell J. Sabadosa

Office

Name: Premier Choice Realty

Phone: 413-200-8642

Payment Calculator

, Interest

Property Taxes 398.92

Principal & Interest 2926.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Premier Choice Realty

Russell J. Sabadosa

Agent Phone

Office Phone

(413) 200-8642

Text Agent Call Agent Call Office

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EXIT

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