Westfield, MA 01085,434 Russell Rd.
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Westfield, MA 01085,434 Russell Rd.
Westfield, MA 01085,434 Russell Rd.
Westfield, MA 01085,434 Russell Rd.
Westfield, MA 01085,434 Russell Rd.

$895,000

Est. payment /mo

$896,900

0.2%
Est.Price: ?

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434 Russell Rd. Westfield, MA 01085

4,410 SqFt

SOLD DATE : 05/21/2020

Key Details

Sold Price $895,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,410 sqft

Price per Sqft $202

MLS Listing ID 72622527

Sold Date 05/21/20

Year Built 1953

Annual Tax Amount $9,261

Tax Year 2020

Lot Size 3.530 Acres

Acres 3.53

Property Description

ATTENTION INVESTORS! This 14 unit, single-story apartment building is comprised of twelve studio and two 1BR units. All 14 ranges and refrigerators are to remain. Rents are currently averaging under $650/month which avails a future owner additional income potential. All utilities are paid by tenants (electric heat, electric hot water, electric cooking and lighting). All residents are on one year leases or month-to-month rental agreements. At present, one unit is vacant (asking $700/month) and another is being remodeled (projecting $750/month upon completion). The property underwent extensive renovations in 2003. All 14 water heaters, basement insulation, and the fire alarm control panel were replaced in 2015. The building features sprinkler and fire alarm monitoring systems and is conveniently located approximately 2 miles from the center of Westfield. Included are 14 LETTERS OF FULL INITIAL LEAD INSPECTION COMPLIANCE.

Location

State MA

County Hampden

Zoning C

Direction Rt. 20, follow GPS

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Metal

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Listed by Real Living Realty Professionals
Bought with Malissa Jean-Charles • Century 21 MetroWest
Kathleen Goneau

Kathleen Goneau

Broker Associate | License ID: 9049339

+1(508) 868-4090

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