460 Russell Rd, Westfield, MA, 01085
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 property’s 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 today’s 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 you’re 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1988
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Side by Side
Interior
Appliances
- Appliances included: Range,Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Finished area above ground: 1,764
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
Property
Details
- Parcel number: 2635426
- Zoning: res
Lot
- Lot size: 0.61 Acres
- Features: Level
Parking
- Total spaces: 6
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,523 | $30,276 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $614 | $7,368 |
| Electricity | $354 | $4,259 |
| Total | $3,680 | $44,160 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $479,000 |
| 2026-07-27 | Price change | $499,000 |
| 2026-07-08 | Price change | $515,000 |
| 2026-06-20 | Listed for sale | $525,000 |
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