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TOM TOMASIAN

tom@commonwealthliving.com +1(617) 295-7600

$ 479,000

Est. payment | -/mo

4 Beds

3 Baths

1,764 SqFt

Save

$ 479,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,764 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 1,764 sqft

Price per Sqft $271

MLS Listing ID 73539183

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1988

Annual Tax Amount $4,787

Tax Year 2026

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type 2 Family - 2 Units Side by Side

Property Description

Discover an outstanding investment opportunity at 472 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.

Location

State MA

County Hampden

Zoning res

Direction Route 20

Interior

Heating Forced Air

Cooling None

Appliance Range, Dishwasher

Exterior

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Premier Choice Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 295-7600

tom@commonwealthliving.com

90 Canal St, Boston, MA 02114, United States

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472 Russell Road Westfield, MA 01085