Two-Family Residential Income
12 Sibley Avenue Westfield, MA 01085
12 Sibley Avenue, Westfield, MA, 01085
$315,000
Pending
For Sale
$315,000
Pending
Well-maintained duplex with updated bathrooms, new windows, and shared driveway off-street parking.
Property Size1,774 SF
Days on Market226
Property Features for 12 Sibley Avenue
General Information
- Standard status
- Pending
- Size
- 1,774 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1920
Listing agency
Wolcott Realty
(413) 218-4344
Listed by
Mary O'Connell · License #9507127
(413) 218-4344
Source
Compass
Added: Dec 7, 2025 Updated: Jul 21 at 1:38AM Checked: Jul 21 at 8:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wolcott Realty
Investment Insights
Based on property information with market context.
This well-maintained two-family property offers comfortable living in two separate apartments. The updates include updated bathrooms and new windows. The setup includes a shared driveway that provides convenient off-street parking for residents.
The property is situated just steps from downtown Westfield and the Columbia Greenway Bike Trail, placing everyday shopping and dining within close reach.
Both units are currently occupied by long-term tenants on month-to-month leases, providing rental income continuity for an investor or owner-occupant.
The property is situated just steps from downtown Westfield and the Columbia Greenway Bike Trail, placing everyday shopping and dining within close reach.
Both units are currently occupied by long-term tenants on month-to-month leases, providing rental income continuity for an investor or owner-occupant.
Key Highlights
- Two‑family (duplex) home with 2 full bathrooms and full basement
- Year built 1920 with frame construction and shingle roof
- Each unit features updated bathrooms and all new windows
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $19.80 |
| − Vacancy | −$1.9k | −$1.09 |
| EGI | $33.2k | $18.71 |
| − OpEx | −$10.0k | −$5.61 |
| NOI | $23.2k | $13.10 |
1,774 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.9K
$290.4K – $387.3K
NOI $23,235 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$307.6K
$269.2K – $358.9K
NOI $21,533 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$1.09M
$956.7K – $1.28M
NOI $76,535 @ 7.0% cap · market cap 24.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with updated bathrooms, new windows, and shared driveway off-street parking.
Where is this duplex located?
The property is located at 12 Sibley Avenue Westfield, MA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑family (duplex) home with 2 full bathrooms and full basement; Year built 1920 with frame construction and shingle roof; Each unit features updated bathrooms and all new windows
