$479,000

House for sale Westfield
Property photo number 1 of 12 Photos for Property. File  105013536_29_5a78f719bad9109ea6c2d3ca8a0e363d.jpeg

Overview

SUMMARY: Discover an opportunity with this Westfield house for sale and available for $479,000. This could be your next ideal home or a smart investment. More details await.
Discover an outstanding investment opportunity at 460 Russell Road, Westfield, MA. Built in 1988, this well-maintained two-family property offers approximately 1,764 square feet of living space with an attractive combination of modern construction, strong rental potential, and
highly favorable financing.Each unit provides comfortable living accommodations, with a total of 4 bedrooms, 2 full bathrooms, and 2 half bathrooms. The property's efficient layout makes it ideal for owner-occupants, investors, or those seeking multi-generational living.Situated on a generous 26,734-square-foot lot, the property offers abundant outdoor space with room for recreation, future improvements, or enhanced landscaping.One of the most compelling features is the exceptional financing opportunity. The property is encumbered by an assumable private loan 20year amortization at 5% with 17 years left. Pmt $4,355.71 balance is $605,166(460and472 Russell Road are on the same loan and prefer to sell as package) In today's interest rate environment, this financing can provide a significant advantage and improve overall investment returns.For qualified buyers, the seller may also consider:* Seller-held second mortgage financing, allowing for flexible deal structuring.* 1031 Exchange transactions.Flexible financing options may enable buyers to preserve capital for renovations, value-add improvements, or future acquisitions while benefiting from below-market financing.Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or purchase a quality multi-family property with unique financing advantages, 472 Russell Road deserves your attention.
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Details

  • Beds: 4
  • Baths: 2.5
  • Price: $479,000
  • Reference No.: 94905984
  • Area: 1,764 sqft

Location

Marketed by:

  • Russell Sabadosa
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