Est. Monthly
$3,081/mo
238 Main Street, Westfield, NY
Excellent opportunity to own a well-maintained, income-producing apartment property in a prime Village of Westfield location, just minutes from the school, shopping, hospital, restaurants, and other local amenities. The property consists of a main house, a rear building, and a detached 1-bedroom cottage. There are currently nine occupied units totaling 16 bedrooms, including two 1-bedroom apartments, five 2-bedroom apartments, one 3-bedroom apartment, and the separate 1-bedroom cottage. The owners currently occupy the largest 2-bedroom unit, offering additional rental income potential for the next owner. The main house includes five occupied units, common laundry facilities, and an unfinished 3-bedroom apartment on the third floor. This is the only unit not currently in service and is not included in the rental income. Once completed, the property would offer a total of 10 units and 19 bedrooms. The rear building has been extensively remodeled and includes three apartments, common laundry facilities, a lower-level workshop, and a fire sprinkler system. The detached cottage was renovated in 2026. Over the past six years, the owners have made substantial improvements throughout all three buildings, both inside and out. This exceptionally well-maintained investment property has been thoughtfully updated, offers strong current income, and provides additional upside potential for the next owner. Taxes, square footage, and lot size shown are combined figures for both parcels being sold together: 238 E. Main Street and 238 1/2 E. Main Street.
Est. Monthly Payment
$3,080.98
Private Mortgage Insurance
Not required
Private Mortgage Insurance
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