Excellent investment opportunity in Westfield! This well-maintained two family home offers flexibility for both owner-occupants and investors. The second floor unit is vacant and ready for immediate occupancy, while the first-floor unit, also offering 4 bedrooms, is scheduled to be vacant by mid-August. Both units feature spacious living and dining rooms, updated kitchens with stainless steel appliances, renovated baths, and in unit laundry. A large rear deck overlooks the backyard, providing additional outdoor space to enjoy and a shed. The roof is approximately 6 years old, and the mechanical systems are approximately 5 years old, offering added value. Conveniently located near shopping, restaurants, schools, parks, and with easy access to the Massachusetts Turnpike, this property is just a short drive from downtown Westfield. Whether you’re looking to owner occupy or expand your investment portfolio, this is an opportunity you won’t want to miss.
This home has been viewed 10 times
Last Checked: August 5th, 2026 at 5:23am (Source: MLS PIN #73557588)
Gross Income: $0
Gross Expenses: $5,435
Net Income Calc: $5,435
Water Views
Annual Expenses for 5 Princeton St, Westfield MA 01085
Total Gross Expenses (Calculated)$5,435/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5435
Annual Income & Unit Breakdown for 5 Princeton St, Westfield MA 01085
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 5 Princeton St, Westfield MA 01085
Listing ID73557588
Property TypeMulti Family / 2 Family
Price499000 ($134.86/SqFt)
Style2 Family - 2 Units Up/down
CityWestfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3700
Approximate Lot Size (Acres)0.3
Total Parking5
Garage Parking0
Year Built1810
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoningres
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 5 Princeton St, Westfield MA 01085
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 5 Princeton St, Westfield MA 01085
Real Estate Taxes5435
Tax Year2026
Assessed Value$364,000
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 5 Princeton St, Westfield MA 01085
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 5 Princeton St, Westfield MA 01085