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12 Franklin Ave 12 Franklin Ave 5 Unit Apartment Building $1,094,144 CAD ($218,829 CAD/Unit) 8.49% Cap Rate Westfield, MA 01085



Investment Highlights
- Access & Connectivity
- Nearby Higher Education
- Off-Street Parking & Amenities
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Strong Rental Demographics & Demand
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 12 Franklin Ave in Westfield, MA (the “Property”). The multi-story building 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. The property benefits from convenient connectivity to key regional routes including U.S. Route 20 (Franklin Street) and nearby Massachusetts Route 10 / Massachusetts Route 202, as well as close proximity to the Massachusetts Turnpike, providing efficient regional access throughout Western Massachusetts and into the broader Pioneer Valley, including Springfield and Hartford.
Property Facts
| Price | $1,094,144 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $218,829 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 8.49% | Building Size | 7,013 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Price | $1,094,144 CAD |
| Price Per Unit | $218,829 CAD |
| Sale Type | Investment |
| Cap Rate | 8.49% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,013 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.71/1,000 SF |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
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12 Franklin Ave | 12 Franklin Ave
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