$895,000
$896,900
0.2%For more information regarding the value of a property, please contact us for a free consultation.
434 Russell Rd. Westfield, MA 01085
4,410 SqFt
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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Bought with Malissa Jean-Charles • Century 21 MetroWest






