775,000

12 Franklin Ave contains three (3) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 4,503 square feet of gross living area in 7,013 square feet of gross area. The Property is situated upon a 0.20-acre parcel and features five (5) off-street parking spaces. 12 Franklin Avenue is well-positioned in downtown Westfield, offering direct access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for gas-powered heat and hot water utilities, as well as separately metered electricity. The Landlord is responsible for providing city water and sewer. A primary demand anchor is Westfield State University, a regional higher education institution with approximately 4,600 students that contributes to consistent renter demand from students, faculty, and staff. The opportunity exists to acquire a well-maintained asset in a desirable Western Mass community.