Sold

42 Kensington Ave, Springfield, MA

Springfield · MA 01108

$475,000
Price
6
Beds
4
Baths
0
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1922
Units: 4 Units
Lot size: 7,562 Sq.Ft Lot
Parking: 4 Garage Spaces · 4 Off Street Spaces

About this home

Rare 8-Unit Investment Gem ? Turnkey & Fully Managed! Here?s your chance to own two exceptionally maintained four-family properties, perfectly positioned side by side for a total of 8 income-producing units. Each building offers a well-balanced mix: (2) spacious 5-room, 2-bedroom units and (2) 4-room, 1-bedroom units ? ideal for maximizing rental potential and attracting a diverse tenant base. These properties have seen numerous updates and upgrades and feature separate utilities and lead compliance certification?making ownership smooth and worry-free. Off-street parking adds everyday convenience for tenants, while professional management ensures a truly hands-off investment experience. Whether you're growing your portfolio or seeking a rock-solid asset with consistent cash flow, this opportunity is one you don?t want to miss. Sold together with mls #73358117 for $950K.

Neighborhood & Transit

42 Kensington Ave, Springfield · MA 01108

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
302 days
Listing Price:
$475,000
Price per Sq.Ft:
NA
Tax Assessment:
$346,500 in 2024
Taxes:
$464 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
0
Living Area
0 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
0
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
7,562 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
4 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Maher Khatib
Listing office
M B C REALTORS®
MLS PIN #
73358113
Disclosure
Deposit is to be made in the seller's attorney's name in the form of certified funds. 2 of the garages are rented to tenants (included in rent).