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Rare 5-unit income property across two buildings on one lot - fully operational and cash flowing from day one. Four 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.

More Info

Basic Information

  • Gross Income $45,900
  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number 2633204
  • Rent Includes Unit 1(Electric, Gas), Unit 2(Electric, Gas), Unit 4(Electric, Gas)

Building

  • BasementFull
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Levels 6
  • Rooms17
  • Stories6
  • Units5
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $504,700
  • Tax Year 2026
  • Taxes$8,011

Basic Information

  • List Price$339,000
  • MLS Number73542122
  • Modification Date06/26/2026
  • Property SubType5-9 Family

Property

  • Acreage0.13

Interior

  • Interior Features Living Room, Kitchen, Dining Room

Utilities

  • Electric Expense 1802
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, Public School, University
  • Appliances IncludedRange, Microwave, Refrigerator
  • Other AmenitiesBasement, Fireplace

Parking

  • Parking Spaces5

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms6
  • Full Bath5

Location

  • Address10.5 & 12 Cherry Street
  • Building Number10.5 & 12
  • CountyHampden
  • StateMA
  • StreetCherry Street
  • TownWestfield
  • Zip01085

Property Information

  • Building Area Source Public Records
  • Living Area 2,445
  • Lot Size Square Feet 5,663
  • Lot Size Units Acres
  • Square Feet2,445

Other

  • Date Listed06/26/2026
  • Farm Land Area Units Square Feet

Map Location

Listed by Arpan Tiwari of Real Broker MA,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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