25 Leonard Ave Westfield — Photo 1 of 26
$650,000
Investment Analysis — 25 Leonard Ave
Westfield, MA 01085
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 5-unit multi-family in 01085 carries an estimated $6,430/mo in gross rent — about a 7.96% cap rate and $51,723/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
5
SqFt
3,576
Style
5+ Family - 5+ Units Up/Down
Built
1880
Welcome to 25 Leonard Avenue in Westfield, MA, a well-configured five-family offering a great opportunity for an investor looking to add to their portfolio. Two units are currently vacant and ready for immediate tenant placement. Each of the five units offers two bedrooms and one full bath, creating a consistent and highly rentable layout throughout the property. Both vacant units have been recently refreshed with updated kitchens, fresh paint, and new flooring. The third-floor vacant unit offers an open floor plan with the kitchen flowing into the living space, along with the added convenience of in-unit laundry. Separate utilities, ample off-street parking, a two-car garage, and laundry hookups in the basement add to the property’s functionality and income-producing appeal. Additional improvements include newer windows and two younger boilers. The location adds even more value, with Westfield State University and Stanley Park just minutes away, along with convenient access to downtown Westfield. Whether you are expanding an existing portfolio or looking for a well-located multi-family investment, 25 Leonard Avenue is worth a look. Schedule your showing today!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Listing Agent: Stephanie Salerno
Listing Office: Coldwell Banker Realty
MLS® Number: 73579626
