Apartment Building

Westfield, MA Apartment Buildings for Sale

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Huntington, MA Southwick, MA West Springfield, MA Southampton, MA Feeding Hills, MA Holyoke, MA Chicopee, MA Russell, MA
Renovated 6-Unit Apartment Building
Updated: Sep 30
Renovated 6-Unit Apartment Building

4 Phelps Ave, Westfield, MA 01085

$769,000
5,065 sqft
Six apartments totaling 5,065 square feet; the property is fully vacant
Unit mix includes two one‑bedroom apartments, three two‑bedroom apartments, and one 2+ bedroom loft
Separate utilities, with electrical panels and water heaters located in the apartments
In‑unit laundry hookups; kitchens feature stainless steel appliances
R1 zoning; Westfield municipal utilities and high‑speed internet access
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Five-Unit Apartment Building
Updated: Sep 19
Five-Unit Apartment Building

25 Leonard Ave, Westfield, MA 01085

$625,000
Five‑unit apartment property with two bedrooms and one full bath per unit
Two vacant apartments with updated kitchens, fresh paint, and new flooring
Third‑floor vacant unit features an open kitchen‑to‑living layout and in‑unit laundry
Separate utilities, off‑street parking, and a two‑car garage
Basement laundry hookups, newer windows, and two younger boilers
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2 active listings match your search: Apartment Building for sale in Westfield, MA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Mixed-Use Building
Renovated Mixed-Use Building

181-187 Chestnut St, Springfield, MA 01103

$1,880,000
11,628 sqft

Historic brick property combines three commercial spaces with eight one-bedroom apartments.

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Four-Story Apartment Buildings
Four-Story Apartment Buildings

468 Liberty Street, Springfield, MA 01104

Contact for pricing
18,740 sqft 0.22 AC lot

Two multi-family buildings offer consistent two-bedroom layouts with dedicated off-street parking.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

13 Center St & 50 Springfield St, Chicopee, MA 01013

$2,995,000

A restaurant tenancy and occupied residential units provide commercial and apartment income under one ownership.

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Historic Chicopee Mixed-Use Development Opportunity
Historic Chicopee Mixed-Use Development Opportunity

35 Grape Street, Chicopee, MA 01013

Contact for pricing
100,000 sqft 2.00 AC lot

2+ acre site zoned commercial and industrial with development potential.

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Westfield, MA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Westfield, MA on our real estate platform. These investment opportunities span a total of 5,065 square feet of properties for sale, with an estimated market value of $1,394,000.

Sale prices for apartment complexes in Westfield, MA start at $625,000, averaging $697,000, and reaching up to $769,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K
Population Growth (5Y) -1.1%
Median Household Income $83,821
College Educated 22.3%

High-Yield Neighborhoods for Investment

Identify Westfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01085 $697K

Taxes & Financing

Tax Rate (average for all types) 3.07%
Property Tax per SF $57.14 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

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