$479,000
Active460 Russell Road
Westfield, MA, 01085
Multi-Family · MLS #73539184
Price/sqft
$272
Days on market
80 days
Year built
1988
Lot size
0.61 ac
2 full, 2 half
Baths
1,764 sq ft
Sq Ft
0.61 acres
Lot
1988
Year Built
Taxes: $4,787 (2026)
About this home
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 propertys 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 todays 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 youre 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.
Price history
Listed
Jun 20, 2026 · 2 mo ago
$525,000
Price reduced
Aug 31, 2026 · 7 days ago
$479,000
Price upon request (-8.8%)
Location
460 Russell Road, Westfield, MA, 01085
Listed by Russell Sabadosa · Premier Choice Realty
Schedule a showing
460 Russell Road
Estimated payment
$3,074 / month
Loan term
- Principal & interest
- $2,475
- Property tax
- $399
- Home insurance
- $200
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
Compare
Similar homes in Westfield
Recently sold