205 Elm St, Westfield, MA 01085
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$439,900
3 Unit
4 Beds
3 Baths
5394 SQFT
0.10 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, University

Financial

  • APOD Available: No
  • Gross Operating Income: 67200
  • Net Operating Income: 67200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1887
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73504152
  • Last Updated: 05/11/26
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/11/2026Active$439,900$82MLSPIN
05/07/2026Price Change$439,900$82MLSPIN
04/24/2026Active$449,900$83MLSPIN
04/20/2026New$449,900$83MLSPIN
04/02/2026Active$2,000$1MLSPIN
03/29/2026New$2,000$1MLSPIN
09/13/2024Sold$375,000$70MLSPIN
06/24/2024Under Agreement$359,900$67MLSPIN
06/21/2024Active$359,900$67MLSPIN
06/17/2024Back on Market$359,900$67MLSPIN
05/22/2024Under Agreement$359,900$67MLSPIN
05/08/2024Contingent$359,900$67MLSPIN
05/04/2024Active$359,900$67MLSPIN
04/30/2024New$359,900$67MLSPIN

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Seller's Representative: Maritza Zavala, Naples Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-11 03:05:00