Active
85 Days on market
460 Russell Road Westfield — Photo 1 of 15

460 Russell Road Westfield — Photo 1 of 15

Recent Drop: $46,000

$525,000
$479,000

$479,000

Investment Analysis — 460 Russell Road

Westfield, MA 01085

Based on rent reported on the MLS listing, a 2-unit multi-family in 01085 carries $1,500/mo in gross rent — about a 1.86% cap rate and $8,893/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

1,764

Style

2 Family - 2 Units Side by Side

Built

1988

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(460&472 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$525,000
Annual Taxes$4,787

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingForced Air
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.61
SqFt Lot26,734
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher

Geography

Property History

Price Drop
$479,000

Was $499,000

Aug 4, 2026

MLS® 73539184

Price Drop
$499,000

Was $515,000

Jul 27, 2026

MLS® 73539184

Price Drop
$515,000

Was $525,000

Jul 8, 2026

MLS® 73539184

Listed
$525,000

Jun 20, 2026

MLS® 73539184

Listing Provided By

Listing Agent: Russell J. Sabadosa

Listing Office: Premier Choice Realty

MLS® Number: 73539184