Both buildings
● ON MARKET · MULTI‑FAMILY

10.5 & 12 Cherry St

Westfield, MA · 5 units · 6 beds
$524 /mo per person

Five one-bedroom units across two buildings. Five people, five front doors, five bathrooms — for less than a room costs almost anywhere in Massachusetts.

$11,300 down payment, each

Five doors, five owners

Two buildings, five one-bedroom apartments, already producing about $3,850 a month with one unit vacant for whoever moves in first. Everybody gets their own unit and their own bathroom for under $100,000 a unit.

New to co-buying? A small group buys a multifamily together, splits the down payment, and each person holds a legal ownership stake. Own a unit instead of renting a room.

$339,000
LIST PRICE
2,445 sf
LIVING AREA
$56,500
PRICE PER BED
5 / 5
BATHS / PARKING

What it costs you

Down payment$11,300
Mortgage$286/mo
Tax$38/mo
Insurance$30/mo
Repairs reserve$104/mo
Per person, monthly$524
$876saved every month

A comparable Westfield 1-bed rents around $1,400. Over five years that gap is roughly $52,560 — plus the equity.

Group totals: $67,800 down, $3,144/mo. Assumes 5 buyers, 20% down, 6.5% rate, 30-yr term. Rental income from leased units not included.

Units & photographs

10.5 Cherry St2 × 1‑bed
Gas heat, vinyl siding, covered porch, private entrances.
12 Cherry St3 × 1‑bed
One unit delivered vacant. Open layouts, good natural light.
Kitchen
Living area Bathroom
Original kitchens and baths throughout — renovation budget assumed.

Central Westfield

Minutes from downtown, Route 20, and I‑90, walkable to shopping and dining. No MBTA service out here, so plan on a car — five off-street spaces come with the property.

map — Cherry St, Westfield

Who's hiring nearby

Westfield State University1.2 mi
Baystate Noble Hospital0.8 mi
Barnes ANG Base · 104th FW2.4 mi
Savage Arms1.7 mi

Who this fits

Working adults, grad students, hospital and university staff. Nobody shares a kitchen or a bathroom.

Early‑career professionals Grad students & staff Healthcare workers Groups of 4–5

What to know

Renovation budget required
Sound buildings, dated interiors.
408 sf per bedroom
Efficient units, not spacious ones.
Car needed
No MBTA. Parking included.
Schools rate 42.7
Below average for the region.
~21 days to sell
Median across 578 recent Westfield sales.

How it scores against our criteria

Down payment87%
Cost per bed81%
Crime rate78%
Bed / bath ratio75%
School rating47%
Sq ft per bed17%

We'll find you a home like this, specific to your needs.

Whether it's this property or the next one, the preparation is the same.

Book a 30-minute call

How this works from here

1. A 30-minute call. 2. Group preparation — legal structure, agreement, financing readiness with Way Finders. 3. Property selection.
Estimates from list price and public data, July 2026. Not an offer, appraisal, or financial advice.