460 Russell Road, Westfield, MA 01085
View Map
$479,000
2 Unit
4 Beds
4 Baths
1764 SQFT
0.61 Acre

Property Description

Discover an outstanding investment opportunity at 460 Russell Road, Westfield, MA. Built in 1988, this well-maintained two-family property offers approximately 1,764 square feet of living space with an attractive combination of modern construction, strong rental potential, and highly favorable financing.Each unit provides comfortable living accommodations, with a total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms. The property’s efficient layout makes it ideal for owner-occupants, investors, or those seeking multi-generational living.Situated on a generous 26,734-square-foot lot, the property offers abundant outdoor space with room for recreation, future improvements, or enhanced landscaping.One of the most compelling features is the exceptional financing opportunity. The property is encumbered by an assumable private loan 20year amortization at 5% with 17 years left . Pmt $4,355.71 balance is $605,166(460&472 Russell Road are on the same loan and prefer to sell as package) In today’s interest rate environment, this financing can provide a significant advantage and improve overall investment returns.For qualified buyers, the seller may also consider:* Seller-held second mortgage financing, allowing for flexible deal structuring.* 1031 Exchange transactions.Flexible financing options may enable buyers to preserve capital for renovations, value-add improvements, or future acquisitions while benefiting from below-market financing.Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or purchase a quality multi-family property with unique financing advantages, 472 Russell Road deserves your attention.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Common Appliances: Dishwasher, Range
  • Common Heating: Forced Air, Oil
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Gross Operating Income: 31620
  • Gross Expenses: 8000
  • Water/Sewer: 1200
  • INSC: 2000
  • Repairs & Maintenance: 500
  • Management Fee: 2000
  • Net Operating Income: 23620

Utilities

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

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

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

Construction

  • Year Built: 1988
  • Type: 2 Family - 2 Units Side by Side
  • Foundation Info: Poured Concrete
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73539184
  • Last Updated: 09/04/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/04/2026Active$479,000$272MLSPIN
08/31/2026Reactivated$479,000$272MLSPIN
08/23/2026Expired$479,000$272MLSPIN
08/08/2026Active$479,000$272MLSPIN
08/04/2026Price Change$479,000$272MLSPIN
07/31/2026Active$499,000$283MLSPIN
07/27/2026Price Change$499,000$283MLSPIN
07/12/2026Active$515,000$292MLSPIN
07/08/2026Price Change$515,000$292MLSPIN
06/24/2026Active$525,000$298MLSPIN
06/20/2026New$525,000$298MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Russell J. Sabadosa, Premier Choice Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-04 03:05:00

Related Properties