CCertihomes
81-83 Elm St, Westfield, MA 01085

$4,000

0 beds 3 baths 4,500 sqft Built 1890Active

About this home

Prime location in downtown Westfield, on Routes 20/10/202. This listing is for the lease of the entire building from basement to 2nd floor and access to a potential deck on the rear of 2nd floor. 1st floor is 1700sf +/-, 2nd floor is 1000sf +/- and basement is 1800sf +/-. 1st floor space is currently set up for a bar/restaurant, with a full bar area, ADA bathroom and space for a future kitchen/office/security/storage room in the rear. There is a large walk in cooler in the basement. 2nd floor is currently open floor plan, perfect for additional restaurant/bar seating or could be used as an office. There are 2 bathrooms on the 2nd floor, a walk in closet and stairs that lead to the proposed roof deck area. The 2nd floor is well lit and features large windows that overlook the Public Plaza. On street parking directly in front and ample off street parking to the rear and opposite side of Elm St.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$1,097/mo

Real estate (PITI + HOA + PMI)
$573
Principal + interest$26
Property tax + insurance$545
PMI / 2nd mortgage$2
Utilities
$621
Heating + cooling$149
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$157
$1,097/mo TLC
Budget$5,000/mo
Remaining after TLC$3,903/mo
Purchase price
$4,000
Down payment
$200 (5%)
Loan amount
$3,800
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1890
Lot size
0.08 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$4,200
MLS #
73119118
County
Hampden

Neighborhood — 01085

MetricThis ZIPCountyUSA
Population39,5826,444,931299,088,112
Population Change Since19906.00%7.00%20.00%
Population Density639786
Male19,2913,127,134147,432,321
Female20,2913,317,797151,655,844
Never Married10,1031,612,88563,775,926
Married16,0182,586,314123,120,365
Separated1,322247,85712,639,686
Widowed2,260363,59415,467,586
Divorced2,867436,88823,075,029
Number Of House Hold14,6332,431,591111,826,380
Average House Hold Size2.542.562.60
Medial Age35.2837.2535.46
Median House Hold Income$50,974$57,698$48,276
Average House Hold Income$59,156$75,023$63,629
P C I$22,967$29,196$24,529
M D I$43,058$48,105$41,133
A T H E$48,743$57,083$50,898
S T R5.00%5.00%
W C J79.36%81.38%77.74%
(Zip) Code
1085

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 6/1/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.