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    113 Franklin St Westfield, MA 01085

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    For Sale
    $449,900

    Multifamily property with 8 bedrooms near Westfield State University.

    Lot size:
    0.36 Acres

    Property Features for 113 Franklin St

    General Information

    Lot size
    0.36 Acres

    Building Details

    Year built
    1875

    Source: The Neilsen Team Agent The Neilsen Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Multifamily Near Westfield State

    This multifamily property offers a substantial 3,700+ square feet of living space in close proximity to Westfield State University. The building comprises 15 rooms, including 8 bedrooms and 4 bathrooms. The first unit features 3 bedrooms, while the second and third floor units each contain 2 bedrooms. Additionally, there is a 1-room efficiency apartment located on the second floor. Each unit is equipped with its own separate meter. Laundry hookups are available in the basement. The property includes a large yard and ample parking space.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7570855
    Latitude
    42.1267646

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with 8 bedrooms near Westfield State University.
    Where is this apartment building located?
    The property is located at 113 Franklin St Westfield, MA.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Large multi-family property with over 3,700 s.f.; - Prime location close to Westfield State University; - **8 bedrooms and 4 baths across 3 units and an efficiency**
    (413) 675-5117
    Request Owner's contact information
    113 Franklin St Westfield, MA 01085
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    Westfield, MA 01085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 Franklin St Westfield, MA 01085
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