42 Kensington Ave Springfield MA 01108 MLS #73358113

42 Kensington Ave
Springfield, MA, 01108
$475,000
6 Beds
4 Baths
0 SqFt
0.17 Acres
$475,000
42 Kensington Ave
Springfield, MA, 01108
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.

Property Details

Price:
$475,000
MLS #:
73358113
Status:
Active
Beds:
6
Baths:
4
Address:
42 Kensington Ave
Type:
Multi Family
Subtype:
4 Family
City:
Springfield
Listed Date:
Apr 10, 2025
State:
MA
ZIP:
01108
Lot Size:
7,562 sqft / 0.17 acres (approx)
Year Built:
1922
Units:
4

Schools

Interior

Bathrooms
4 Full Bathrooms
Heating
Steam, Natural Gas

Exterior

Parking Features
Paved Drive
Parking Spots
4

Financial

Net Operating Income
$64,080
Tax Year
2024
Taxes
$5,565
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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