$270,000
6
Beds
2/1
Baths
3,404
Living Area
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Property Description
Mixed-Use Three-Unit Property in Downtown Westfield! Don't miss this rare opportunity to own a piece of Westfield’s history! Formerly home to the Westfield Driving School, this mixed-use building, built in 1885, offers incredible potential for investors or owner-occupants looking to offset their mortgage with rental income. The property features three units: One commercial storefront on the first floor – perfect for your business or an income-generating tenant. Two residential apartments – both currently rented on a month-to-month basis at below-market rents, providing excellent upside potential. Prime location offers high visibility, easy access to local amenities, and strong rental demand. Whether you're looking to grow your investment portfolio or establish your own business with built-in rental income, this property is full of possibilities!
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Highlights
- Heating: Forced Air, Natural Gas
- Parking Spots: 4
- Property Type: 3 Family
- Total Rooms: 16
- Status: Closed
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1885
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Additional Details
- Appliances: Range, Refrigerator
- Foundation: Brick/Mortar
- Roof: Shingle, Slate
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Dirt Floor, Concrete, Unfinished
- Interior Features: Walk-Up Attic, Office/Den, Living Room, Kitchen, Laundry Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Ba
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Laundromat, Bike Path, Highway Access, Public School, University
- Parking Features: Paved Drive, Shared Driveway
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $258,700
- Tax Year: 2024
- Total Rent: $2,350
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None)
- Taxes: $4,662
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