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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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460 Russell Rd , Westfield, MA 01085
$479,000
Est. Payment: $1,064.44/mo
4 Bed
4 Bath
1764 Sqft
Status: Active | Days on site: 89
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M95398 - M9500012
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House Description

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.

Highlights

Listed by Russell J. Sabadosa , 413-537-0973 Premier Choice Realty , 413-200-8642.

Property Type

Multi-Family

Lot/Acreage
0.61

Year Built

1988

County

Hampden

Listing ID

73539184

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Appliances:Range, Dishwasher
Water:Public

Exterior Features

Lot:Level
Garage Capacity:6
Zoning:res
Sewer:Public Sewer
Parking Features:Parking Spaces: 6
Principal Interest
$1,064
Taxes
$399

Home Price

$479,000

Loan Details

30 yrs
%

Down Payment

20%
$95,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,064.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,064.44 $398.92 $0.00 $1,463.36
Yearly $12,773.33 $4,787.00 $0.00 $17,560.33
Total $383,200.00 $143,610.00 $0.00 $526,810.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Westfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.