40 Mechanic St
Westfield, MA 01085
- 10 beds
- 5 baths
- 3,645 sqft
- 6,362 sqft lot
- $84 per sqft
- 1910 build
- – on site
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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.
Listing courtesy of MLSPIN
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Last updated Jun 17, 2023
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MLS# 72563877 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/26/19
Nov 26, 2019
|
Sold | MLSPIN | $307,000 | 104.7% (6.2% / YR) |
1/30/03
Jan 30, 2003
|
MLSPIN | $150,000 |