23 Frederick StreetWestfield, MA 01085Price: $489,000

Westfield three family home with two apartments rented and a vacant third floor ready for your next move. Live in the two bedroom third floor apartment while collecting rental income from below, or rent all three and build your investment portfolio. The occupied first and second floors each offer five rooms, including three bedrooms and one full bath. The vacant third floor has four rooms, including two bedrooms and one full bath. With eight bedrooms across three apartments, this property offers options whether you’re purchasing your first multifamily or adding to your rental holdings. Wood floors and enclosed porches add character, while the large backyard gives you room to enjoy more than what’s inside. Plant a garden, set up a table for summer dinners, or pull up a chair with your morning coffee. Parking for up to six vehicles in the driveway is a practical bonus for a three family home. A full basement offers additional storage, with bulkhead access for bringing items in and out. Vinyl siding and a roof replaced in 2021 round out the property’s features. The first floor tenant has lived here for about 13 years, and the second floor tenant for about eight years. Both occupied units are on month to month agreements. Tenants pay their own gas, electricity, and hot water; the third floor apartment has electric heat. The owner pays water and sewer. Two established tenancies and an available apartment give you a starting point, with the flexibility to decide what comes next. Come tour all three apartments, walk the backyard, and see how this Westfield property could work for you.