4 Phelps Ave, Westfield MA 01085
Westfield, MA 01085
$769,000
Est. $4,173/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
You won’t find another opportunity like this! Ideally located in downtown Westfield, just minutes from Westfield State University and with sidewalk access to Park Square’s local restaurants, shops, and amenities, plus convenient commuter access to the Mass Pike. Lead certs available for all units prior to closing! This impressive, fully vacant 6-family has been completely renovated, offering the next owner peace of mind for years to come! A rare opportunity to select your own tenants and establish strong market rents from day one! Each apartment features luxury vinyl flooring, carpeted bedrooms, upgraded kitchens with stainless steel appliances, full baths, and in-unit laundry hookups. You’ll be pleasantly surprised by the spacious layouts throughout! The first floor offers two 1-bedroom apartments and one 2-bedroom apartment, while the second floor features two 2-bedroom units. The third-floor loft completes the property with an impressive 2+bedroom apartment featuring large kitchen, dining area, full bath, expansive layout, and beautiful mountain views. All units have separate utilities, with electrical panels and water heaters conveniently located within their respective apartments. Westfield municipal utilities help keep costs manageable, while access to high-speed internet adds another attractive amenity for today’s tenants. A truly exceptional opportunity to add a turnkey multifamily asset to your portfolio. Do not miss it
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 30, 2026
$769,000
Original listing
Agent: Melissa Fitzgerald
Office: Lock and Key Realty Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/30/2026 | 🏠 Listed for Sale | $769,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $1,014 | $67,900 |
Financial Details
Annual Property Tax
$1,014
Tax Year 2026
Assessed Value
$67,900
Facts & Features
New Construction
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
2026
Living Area
5,065 sq ft
Lot Size
0.0000
Stories
5
Bedrooms
10
Full Baths
6
Total Rooms
22
Investment Metrics
Units
6
Unit 1 Rent
$1,750/mo · N
Unit 2 Rent
$1,500/mo · N
Unit 3 Rent
$1,500/mo · N
Unit 4 Rent
$1,750/mo · N
Total Monthly Rent
$6,500/mo
Gross Income
$123,000
Net Operating Income
$75,000
Cap Rate
9.75%
Interior
Heating
Electric
Cooling
None
Flooring
Carpet
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Fiber-optic, Philadelphia, Living Room, Dining Room, Kitchen, Laundry Room
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Features
None
Total Spaces
6
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$1,014
Assessed Value
$67,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Fully Vacant & Has Not Been Occupied Since Remodel. Total Monthly Rent Is Estimated Based On Local Market. Proforma Available W/ Estimated Expenses
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Measured
Sq Ft Disclosures
Included in total gross income: Unit 6, $2,000/mnth, 3rd flr, 2 beds
Documents
None
County
Hampden
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2026
Bedrooms
10
Full Bathrooms
6
Living Area
5,065 sq ft
Total Rooms
22
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,065 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet
Appliances:
Range, Refrigerator
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Fiber-Optic, Philadelphia, Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Basement:
Full, Interior Entry
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
2026
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$85
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
4 Phelps Ave, Westfield MA 01085
Westfield, MA 01085
Listing Information
Listing Agent
Melissa Fitzgerald
Listing Office
Lock and Key Realty Inc.
Office Phone
413-282-8080
Agent MLS ID
CN220793
Office MLS ID
AN5521
Listing Data Updated
Sep 30, 2026 7:49 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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