Sold

89 Kensington Ave, Springfield, MA

Springfield · MA 01108

$695,000
Price
10
Beds
6
Baths
5701
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1924
Units: 6 Units
Lot size: 5,702 Sq.Ft Lot
Price per square foot: $114 / Sq.Ft
Parking: No Parking

About this home

Investment opportunity: Fully leased 6-family property near downtown Springfield with four 2-bedroom units and two 1-bedroom units. Several units have been renovated to high-end, modern condo-quality finishes, and others have been updated with new kitchens, floors, and bathrooms. All units have lead certificates. The property is professionally managed and has recently undergone updates including a brand new roof replaced in 2023, newly redone siding, and newly built front steps and porch. Tenants pay all utilities except for hot water. Currently, the property generates over $92k annually in gross rental income.

Neighborhood & Transit

89 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:
847 days
Listing Price:
$649,900
Price per Sq.Ft:
$114
Tax Assessment:
$445,500 in 2024
Taxes:
$596 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,701 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5701
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
5,702 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Kevin Li
Listing office
MP Signature Realty LLC
MLS PIN #
73262131
Disclosure
4 units are 89 Kensington Ave and 2 units are 35 Earl St. Buyers to verify all information and conduct their own due diligence. Listing agent related to seller.