Off Market
200 Southwick, Westfield, MA
Westfield · MA 01085
- $5,595,000
- Price
- 83
- Beds
- 60
- Baths
- 34188
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1967
Units:
40 Units
Lot size:
5.6 Acres Lot
Price per square foot:
$164 / Sq.Ft
Parking:
99 Off Street Spaces
About this home
Oakwood Terrace is a fully-renovated 40-unit apartment complex with a pro-forma cap rate of 8.22% and an in-place cap rate of 7.73% located at 200 Southwick Road in Westfield, MA. Comprised of 39 2BR/1.5BA townhouse-style units and 1 3BR/1.5BA townhouse-style unit, this apartment community features 2BR units renting as high as $1,400/mo and 3BR units renting for $1,600/mo. Every unit in this community has been painstakingly renovated within the last 24 months. Boasting premium LVT floors, stainless steel appliances, granite countertops, and high efficiency mini-splits, these units provide high end finishes for an affordable price. Tenants pay heat and electric, while the owner pays for hot water. Residents have access to a full laundry room, with 5 card-operated washer and 6 card-operated dryers.Set on over five acres and abutting woodland on two sides, Oakwood Terrace not only has plenty of irrigated green space, but includes 106 parking spaces; a ratio of over 2.6 spaces per unit.
Neighborhood & Transit
200 Southwick, Westfield · MA 01085
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1445 days
- Listing Price:
- $5,595,000
- Price per Sq.Ft:
- $164
- Tax Assessment:
- $1,665,600 in 2019
- Taxes:
- $4,167 / Monthly
Home Facts
Interior Features
- Bedrooms
- 83
- Full Bathrooms
- 40
- Half Bathrooms
- 40
- Living Area
- 34,188 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 243,935 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 99 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Matthew Lefebvre
- Listing office
- Elm Grove Realty, LLC
- MLS PIN #
- 72576105