$775,000
$25K PRICE DROP

Estimated payment $4,717/month

Total Views 7,315
8 Beds
5 Baths
4,503 Sq Ft
$172 Price per Sq Ft

Highlights

  • Community Stables
  • Property is near golf course, public transit, and schools
  • Community Pool
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

12 Franklin Ave contains three (3) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 4,503 square feet of gross living area in 7,013 square feet of gross area. The Property is situated upon a 0.20-acre parcel and features five (5) off-street parking spaces. 12 Franklin Avenue is well-positioned in downtown Westfield, offering direct access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for gas-powered heat & hot water utilities, as well as separately metered electricity. The Landlord is responsible for providing city water & sewer. A primary demand anchor is Westfield State University, a regional higher education institution with approximately 4,600 students that contributes to consistent renter demand from students, faculty, and staff. The opportunity exists to acquire a well-maintained asset in a desirable Western Mass community.

Listing Agent

Michael Bradley

Horvath & Tremblay Listed on: 06/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 1890

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,503 Sq Ft Home
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near golf course, public transit, and schools
  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 2638677

Community Details

Overview

  • 5 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $500
  • Insurance Expense $4,544
  • Water Sewer Expense $4,555
  • Operating Expense $23,121
  • Net Operating Income $67,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,541

Year Built

Built in 1890

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Above Grade Finished Sq Ft: 4503
  • Living Area: 4503
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2723

Exterior Features

  • Construction Materials: See Remarks
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 5
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, University, Other
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4555

Lot Info

  • Parcel Number: 2638677
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 5541

Multi Family

  • Electric Expense: 500
  • Insurance Expense: 4544
  • Net Operating Income: 67899
  • Number Of Units Total: 5
  • Operating Expense: 23121
  • Total Actual Rent: 7585
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2026 07/27/26 Price Changed $775,000 -3.1% $172 / Sq Ft
06/16/2026 06/16/26 For Sale $800,000 -- $178 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73536486

MLS Property Information Network (MLS PIN)
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