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INVESTMENT SNAPSHOT
About this property
Don’t miss your chance to own this cash flowing asset. This well-positioned three-story building offers strong, consistent income with multiple revenue streams already in place. The property features a fully equipped commercial space on the first floor currently set up to be used as a restaurant, providing immediate business potential or the flexibility for a new concept. Above, residential units generate steady monthly income, making this a true turnkey investment. Recent updates throughout the property, combined with its solid rental history, create a reliable foundation for both seasoned investors and ambitious entrepreneurs. With ample parking, close proximity to I-90, and easy access to Westfield State University, the location supports long-term growth and tenant demand. Whether you’re looking to expand your portfolio or establish your own business while collecting rental income this property delivers both stability and upside potential.
Property details
| Units | 3 |
| Living area | 5,394 sqft |
| Lot size | 4,140 sqft |
| Year built | 1887 |
| Price / sqft | $82 |
| County | Hampden |
| MLS # | 73504152 |
Listing status
| Days on market | 21 days |
| Listed on | April 20, 2026 |
Taxes & financials
| Annual property tax | $4,565 |
| Tax year | 2025 |
| Assessed value | $300,700 |
| Zoning | Mixed use |
| Gross income (actual) | $67,200/yr |
| Net operating income (actual) | $67,200/yr |
| Total actual rent | $5,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street |
| Foundation | Block |
| Construction | Brick |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Westfield →
Listing courtesy of Naples Realty Group — Maritza Zavala. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 205 Elm St, Westfield MA 01085 have?
It is a 3-unit multi-family property with 5,394 sqft of living area, built in 1887.
How long has 205 Elm St, Westfield MA 01085 been on the market?
205 Elm St, Westfield MA 01085 has been listed for 21 days (since April 20, 2026).
What is the price per unit?
At a list price of $439,900 across 3 units, that works out to roughly $146,633 per unit.
What are the property taxes on 205 Elm St, Westfield MA 01085?
Annual property taxes are $4,565 (2025), on an assessed value of $300,700.
What is the price per square foot?
At $439,900 for 5,394 sqft, that's about $82 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street).
Where is this property located?
205 Elm St, Westfield MA 01085 is in Westfield, Hampden County, MA 01085.
