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.
Sold for $695,000 on 09/20/24
$695,000
89 Kensington Ave, Springfield, MA 01108
10beds
5,701sqft
5-9 Family
Built in 1924
-- sqft lot
$736,300 Zestimate®
$122/sqft
$1,978 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2024 at 01:52pm
Listed by:
Kevin Li,
MP Signature Realty LLC,
Kevin Li
Bought with:
Azik Gamidov
ROVI Homes
Source: MLS PIN,MLS#: 73262131
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
 - Bathrooms: 6
 - Full bathrooms: 6
 
Features
- Other, Living Room, Kitchen
 - Basement: Full
 - Has fireplace: No
 
Interior area
- Total structure area: 5,701
 - Total interior livable area: 5,701 sqft
 
Property
Lot
- Size: 5,702 sqft
 - Features: Corner Lot
 
Details
- Parcel number: S:07230 P:0062,2590367
 - Zoning: R3
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: 5-9 Family
 
Materials
- Foundation: Block
 
Condition
- Year built: 1924
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Public Transportation, Other
 
Location
- Region: Springfield
 
HOA & financial
Other financial information
- Total actual rent: 7690
 
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$736,300
2% more+$14,726
With Zillow Showcase(estimated)$751,026