10.5 & 12 Cherry St is a rare 5-unit income property across two buildings on one lot and one parcel. Operating and cash flowing from day one. 4 long-term tenants in place generating $3,825/month with a vacant 5th unit ready for immediate lease at market rate, giving the next owner instant upside. Unit mix features well-maintained 1-bedroom apartments with open layouts, natural light, and private entrances. Gas heat throughout, vinyl siding, covered porches, and 5 dedicated off-street parking spaces. Combined 2,455 sq ft of living space across both buildings. Ideally located minutes from downtown Westfield, Route 20, and I-90, with walkable access to shopping, dining, and public transit. Close proximity to Westfield State University supports consistent rental demand year-round. Strong current income with value-add potential. Ideal for the owner-occupant looking to offset their mortgage with rental income, or the investor expanding their portfolio in a proven Western MA rental market.
This home has been viewed 3 times
Last Checked: June 26th, 2026 at 8:48pm (Source: MLS PIN #73542122)
Gross Income: $35,100
Gross Expenses: $22,463
Net Income Calc: $12,637
Water Views
Annual Expenses for 12 Cherry St, Westfield MA 01085
Total Gross Expenses (Calculated)$22,463/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8011
Annual Income & Unit Breakdown for 12 Cherry St, Westfield MA 01085
Total Gross Income (Calculated)$35,100
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 12 Cherry St, Westfield MA 01085
Listing ID73542122
Property TypeMulti Family / 5+ Family
Price339000 ($138.65/SqFt)
Style5-9 Family
CityWestfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2445
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 Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningBA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 12 Cherry St, Westfield MA 01085
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv On The Deck And Garage Tv
Financial Data SourceEstimated
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 12 Cherry St, Westfield MA 01085
Real Estate Taxes8011
Tax Year2026
Assessed Value$504,700
Financial Data SourceEstimated
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 12 Cherry St, Westfield MA 01085
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 12 Cherry St, Westfield MA 01085