12 Cherry St, Westfield, MA 01085
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$339,000
5 Unit
6 Beds
5 Baths
2445 SQFT
0.13 Acre

Property Description

10.5 & 12 Cherry St is a rare 5-unit income property across two buildings on one lot and one parcel. Operating and cash flowing from day one. 4 long-term tenants in place generating $3,825/month with a vacant 5th unit ready for immediate lease at market rate, giving the next owner instant upside. Unit mix features well-maintained 1-bedroom apartments with open layouts, natural light, and private entrances. Gas heat throughout, vinyl siding, covered porches, and 5 dedicated off-street parking spaces. Combined 2,455 sq ft of living space across both buildings. Ideally located minutes from downtown Westfield, Route 20, and I-90, with walkable access to shopping, dining, and public transit. Close proximity to Westfield State University supports consistent rental demand year-round. Strong current income with value-add potential. Ideal for the owner-occupant looking to offset their mortgage with rental income, or the investor expanding their portfolio in a proven Western MA rental market.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Total Fireplaces: 2
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, University
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Microwave, Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated
  • Gross Operating Income: 45900
  • Gross Expenses: 14452
  • Electric Expenses: 1802
  • Water/Sewer: 2100
  • INSC: 3500
  • Repairs & Maintenance: 1200
  • RFS: 350
  • Miscellaneous Expense: 500
  • Net Operating Income: 20648

Utilities

  • Heat Zones: 5
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Electric, Gas
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73542122
  • Last Updated: 06/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/26/2026New$339,000$139MLSPIN

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Seller's Representative: Arpan Tiwari, Real Broker MA, LLC
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 2026-06-26 12:27:00