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205 Elm St, Westfield MA 01085

Westfield, MA 01085
$449,900
$439,900
Est. $2,805/month
4
Beds
3
Baths
5,394
Sq Ft
$82
Price/Sq Ft
0.10
Acres
1887
Year Built
6
Parking
81
Days on Market
Active Price Drop -$10,000 Listed Apr 20, 2026 • MLS# 73504152 Copied! • Updated Jul 6, 2026

About this home

Don’t miss your chance to own this cash flowing asset. This well-positioned three-story building offers strong, consistent income with multiple revenue streams already in place. The property features a fully equipped commercial space on the first floor currently set up to be used as a restaurant, providing immediate business potential or the flexibility for a new concept. Above, residential units generate steady monthly income, making this a true turnkey investment. Recent updates throughout the property, combined with its solid rental history, create a reliable foundation for both seasoned investors and ambitious entrepreneurs. With ample parking, close proximity to I-90, and easy access to Westfield State University, the location supports long-term growth and tenant demand. Whether you’re looking to expand your portfolio or establish your own business while collecting rental income this property delivers both stability and upside potential.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.2%
Price Range

Property Timeline

Back On Market
Jul 2, 2026
Active
📋
Status: Active under contract
Jun 12, 2026
Active → Active Under Contract
Pending Sale
Jun 10, 2026
Offer accepted, sale pending
Price Reduced
May 7, 2026
$439,900 $10,000 (-2.22%)
From $449,900 to $439,900 (-2.2%)
🏠
Listed for Sale
Apr 20, 2026
$449,900
Original listing
Agent: Maritza Zavala Office: Naples Realty Group

Tax History

Year Taxes Assessment
2025 $4,565 $300,700

Financial Details

Annual Property Tax
$4,565
Tax Year 2025
Assessed Value
$300,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1887
Living Area 5,394 sq ft
Lot Size 0.10 acres
Bedrooms 4
Full Baths 3
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $2,000/mo · N
Unit 2 Rent $1,700/mo · N
Unit 3 Rent $1,800/mo · N
Total Monthly Rent $5,500/mo
Gross Income $67,200
Net Operating Income $67,200
Cap Rate 15.28%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,565
Assessed Value $300,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing Other (see Remarks)
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 71 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1887
Bedrooms
4
Full Bathrooms
3
Living Area
5,394 sq ft
Total Rooms
13
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1887
Structure Type:
Exterior Materials: Brick
Roof:
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

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 $380
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

Interest
Principal
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

205 Elm St, Westfield MA 01085

Westfield, MA 01085

Listing Information

Listing Agent Maritza Zavala
Listing Office Naples Realty Group
Office Phone 413-650-1314
Agent MLS ID CN231441
Office MLS ID AN6415
Listing Data Updated Jul 6, 2026 3:05 AM 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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