Side-by-Side Two-Family
21 South Street Westfield, MA 01085
21 South Street, Westfield, MA, 01085
$329,900
Pending
For Sale
$329,900
Pending
Side-by-side two-family residence on a large lot with wood floors, multiple living areas, and a walk-up attic.
Property Size2,496 SF
Lot Size0.62 Acres
Days on Market30
Property Features for 21 South Street
General Information
- Standard status
- Pending
- Size
- 2,496 SF
- Lot size
- 0.62 Acres
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1880
Listing agency
Witalisz & Associates, Inc.
(413) 568-0005
Listed by
Team Witalisz · License #9505503
(413) 568-0005
Source
Compass
Added: Jun 24 Updated: Jul 22 at 6:42AM Checked: Jul 20 at 7:54PM
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 Witalisz & Associates, Inc.
Investment Insights
Based on property information with market context.
This side-by-side, two-family home offers two separate units in a duplex layout. Each unit includes spacious bedrooms and bathrooms, beautiful wood flooring, ample closet space, and multiple living areas. The property also features a full walk-up attic and a detached shed with electricity, along with generous outdoor space.
The home is located on South Street in Westfield, within minutes of downtown Westfield and shopping, while remaining in a residential setting.
The property is listed with 5 bedrooms and 3 baths (as provided), and is being offered for sale with updating needed to maximize its value.
The home is located on South Street in Westfield, within minutes of downtown Westfield and shopping, while remaining in a residential setting.
The property is listed with 5 bedrooms and 3 baths (as provided), and is being offered for sale with updating needed to maximize its value.
Key Highlights
- Side‑by‑side two‑family home on a level 0.62‑acre lot
- Each unit features wood flooring, multiple living areas, and spacious bedrooms with ample closet space
- Includes 1 fireplace and 2 full baths total, plus window AC units
Local Financial Insights For Apartment 5plus
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 | $58.1k | $23.28 |
| − Vacancy | −$3.0k | −$1.21 |
| EGI | $55.1k | $22.07 |
| − OpEx | −$24.8k | −$9.93 |
| NOI | $30.3k | $12.14 |
2,496 SF · lease $23.28/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.0K
$408.7K – $544.9K
NOI $32,692 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$432.8K
$378.7K – $505.0K
NOI $30,297 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$1.54M
$1.35M – $1.79M
NOI $107,683 @ 7.0% cap · market cap 32.64%
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 - Side-by-side two-family residence on a large lot with wood floors, multiple living areas, and a walk-up attic.
Where is this duplex located?
The property is located at 21 South Street Westfield, MA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Side‑by‑side two‑family home on a level 0.62‑acre lot; Each unit features wood flooring, multiple living areas, and spacious bedrooms with ample closet space; Includes 1 fireplace and 2 full baths total, plus window AC units
