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
$695,000
89 Kensington Ave, Springfield, MA 01108
10beds
5,701sqft
5-9 Family
Built in 1924
-- sqft lot
$728,600 Zestimate®
$122/sqft
$1,921 Estimated rent
What's special
Zillow last checked: 7 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
Services availability

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$728,600
2% more+ $14,572
With Zillow Showcase(estimated)
$743,172