$649,900
89 Kensington Ave
Springfield, MA, 01108
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.
Property Details
Price:
$649,900
MLS #:
73262131
Status:
Pending
Beds:
10
Baths:
6
Address:
89 Kensington Ave
Type:
Multi Family
Subtype:
5-9 Family
City:
Springfield
Listed Date:
Jul 9, 2024
State:
MA
Finished Sq Ft:
5,701
Total Sq Ft:
5,701
ZIP:
01108
Lot Size:
5,702 sqft / 0.13 acres (approx)
Year Built:
1924
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Exterior
Community Features
Public Transportation, Other
Financial
Tax Year
2024
Taxes
$7,155
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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Courtesy of MP Signature Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
89 Kensington Ave
Springfield, MA
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