$307,000
$337,500
9.0%For more information regarding the value of a property, please contact us for a free consultation.
40 Mechanic St Westfield, MA 01085
10 Beds
5 Baths
3,645 SqFt
Key Details
Sold Price $307,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,645 sqft
Price per Sqft $84
MLS Listing ID 72563877
Sold Date 11/26/19
Bedrooms 10
Full Baths 5
Year Built 1910
Annual Tax Amount $5,868
Tax Year 2019
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5-9 Family
Property Description
Great Investment Opportunity right in downtown Westfield! 5 units in 2 separate buildings on one lot and one deed. Convenient Location, loads of updates and plenty of off street parking for the tenants this property is a Home Run! Perfect for student housing... owner was receiving $650(including utilities)per bedroom in the past... this place is a CASH COW! Many updates and remodeling have been done in the past few years to include a complete renovation of Unit 1(A), down to the studs, new windows throughout, spray foam insulation in the basements, lots of electrical updates (separate panels for each unit including owner panel), exterior security system and newer appliances. 4 Gas Hot Water Heaters and 1 Electric. All 3 sets of washer and dryers are coin operated, one set located in a common area for all to utilize. The property is professionally managed and has low monthly maintenance expenses.
Location
State MA
County Hampden
Direction MA-187 N/N Westfield St to left onto E Main St. to Rt onto Mechanic St.
Rooms
Basement Full, Bulkhead
Interior
Interior Features Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Forced Air, Gas), Unit 4(Hot Water Baseboard, Gas)
Appliance Washer, Dryer, Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Electric Water Heater, Utility Connections Varies per Unit
Laundry Laundry Room, Unit 1 Laundry Room, Unit 2 Laundry Room
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School, University
Utilities Available Varies per Unit
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Lot Description Level
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Kim Landry • Keller Williams Realty