Three-family home in Westfield with two occupied units and a vacant third-floor unit. The first and second floors each offer five rooms, three bedrooms, and one full bathroom. The third floor has four rooms, two bedrooms, and one full bathroom, giving a buyer the option to occupy that unit or rent it out. The first-floor tenant has lived in the property for approximately 13 years and pays $1,150 per month. The second-floor tenant has been there approximately eight years and pays $1,200 per month. Both tenants are on month-to-month agreements. The vacant third-floor unit was previously rented for $1,050 per month. Tenants pay for their own gas, electricity, and hot water; the third floor has electric heat. The owner pays for water and sewer. The roof was replaced in 2021. Additional features include wood floors, vinyl siding, enclosed porches, a full basement with bulkhead access, off-street parking for up to six vehicles, and a large backyard. The City of Westfield treats the property as one parcel. Buyers interested in the potential for a separate building lot should verify feasibility and any required approvals directly with the city.
This home has been viewed 30 times
Last Checked: October 14th, 2026 at 4:48am (Source: MLS PIN #73558083)
Gross Income: $40,800
Gross Expenses: $5,100
Net Income Calc: $35,700
Water Views
Annual Expenses for 23 Frederick St, Westfield MA 01085
Total Gross Expenses (Calculated)$5,100/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5100
Annual Income & Unit Breakdown for 23 Frederick St, Westfield MA 01085
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 23 Frederick St, Westfield MA 01085
Listing ID73558083
Property TypeMulti Family / 3 Family
Price489000 ($174.64/SqFt)
Style3 Family - 3 Units Up/down
CityWestfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2800
Approximate Lot Size (Acres)0.24
Total Parking6
Garage Parking0
Year Built1913
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRC
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 23 Frederick St, Westfield MA 01085
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAppliances To Be Left As Gift & Personal 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 23 Frederick St, Westfield MA 01085
Real Estate Taxes5100
Tax Year2026
Assessed Value$341,600
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 23 Frederick St, Westfield MA 01085
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 23 Frederick St, Westfield MA 01085