Closed

$115,500

32 E 2nd St, Westfield, NY 14787

5beds

3,043sqft

Triplex, Multi Family

Built in 1900

-- sqft lot

$158,100 Zestimate^®

$38/sqft

$1,301 Estimated rent

Home value

$158,100

$120,000 - $202,000

$1,301/mo

Zestimate^® history

Owner options

List your home for rent

$1,301/mo

Rent Zestimate^®

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$1,301/mo

Rent Zestimate^®

Refinance and save

$690/mo

Est. payment

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$690/mo

Est. payment

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What's special

This 3-unit rental property is priced to sell in the heart of Westfield, NY. With a combination of long-term tenants and the potential for additional rental income, this property offers a unique opportunity for both seasoned investors and those new to real estate. Located in a quiet and desirable area, the property is close to local amenities, schools, parks, and the beautiful Chautauqua Lake, providing a convenient lifestyle for tenants. The property generates an annual cash flow of $9,194 or approximately $766 monthly after expenses.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Gas, Baseboard

Appliances

Included: Gas Water Heater

Features

Flooring: Carpet, Hardwood, Varies, Vinyl
Basement: Partial
Has fireplace: No

Interior area

Total structure area: 3,043
Total interior livable area: 3,043 sqft

Property

Parking

Total spaces: 1
Parking features: One Space
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 0.3 Acres
Dimensions: 66 x 198
Features: Corner Lot, Rectangular, Rectangular Lot

Details

Parcel number: 0672012100050001006000
Zoning description: Residential 2 Unit
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Triplex
Property subtype: Triplex, Multi Family

Materials

Wood Siding
Foundation: Block, Poured
Roof: Asphalt

Condition

Resale
Year built: 1900

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Location

Region: Westfield

Financial & listing details

Price per square foot: $38/sqft
Tax assessed value: $82,300
Annual tax amount: $5,655
Date on market: 11/26/2024
Cumulative days on market: 62 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
5/1/2025	Sold	$115,500-3.7%$38/sqft
Source: NYSAMLSs #R1579476 Report a problem
1/27/2025	Pending sale	$119,900$39/sqft
Source: NYSAMLSs #R1579476 Report a problem
11/27/2024	Listed for sale	$119,900+20%$39/sqft
Source: NYSAMLSs #R1579476 Report a problem
10/2/2019	Listing removed	$99,900$33/sqft
Source: Howard Hanna - Erie South #R1178110 Report a problem
5/30/2019	Price change	$99,900-23.2%$33/sqft
Source: Howard Hanna - Erie South #R1178110 Report a problem
3/14/2019	Listed for sale	$130,000$43/sqft
Source: Howard Hanna - Erie South #R1178110 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$82,300
2024	--	$82,300
2023	--	$82,300
2022	--	$82,300
2021	--	$82,300
2020	--	$82,300
2019	--	$82,300
2018	--	$82,300
2017	$2,003	$82,300
2016	--	$82,300
2015	--	$82,300
2014	--	$82,300
2013	--	$82,300
2012	--	$82,300
2011	--	$82,300
2010	--	$82,300
2009	--	$82,300
2008	--	$82,300
2007	--	$82,300
2006	--	$82,300