12 Franklin Ave - Apartments FOR SALE


Westfield, MA 01085
$800,000 USD
781-300-2502
12 Franklin Ave, Westfield, MA for Sale
$800,000 USD
Apartments - FOR SALE
1/7
null | 8.49% Cap Rate

12 Franklin Ave
Westfield, MA 01085


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Nearby Higher Education
  • Separately Metered Utilities
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 12 Franklin Ave in Westfield, MA (the “Property”). The multi-story building 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. The property benefits from convenient connectivity to key regional routes including U.S. Route 20 (Franklin Street) and nearby Massachusetts Route 10 / Massachusetts Route 202, as well as close proximity to the Massachusetts Turnpike, providing efficient regional access throughout Western Massachusetts and into the broader Pioneer Valley, including Springfield and Hartford.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

5

PRICE/UNIT

$160,000

CAP RATE

8.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Franklin Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

WFLD-000066-000000-000041

ASK ABOUT THIS PROPERTY

Michael BradleyHorvath & TremblayMore Info
781-300-2502

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Michael BradleyHorvath & TremblayMore Info
781-300-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.