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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
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
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
  • Listing ID: 40302758

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 12 Franklin Ave, Westfield, MA 01085

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