Introducing the perfect investment opportunity in Springfield, MA. An 8plex building that is sure to impress! This Cash Cow/Building property boasts eight spacious units, each with its own unique charm and character. This is a cash flowing building with most of the units being remodeled and turned over. Each unit is complete with a fully equipped kitchen, a comfortable living room, and two bedrooms that offer plenty of storage space. All units even come with their own balcony providing a peaceful retreat where you can relax and unwind after a long day. Property offers ample off-street parking, you'll never have to worry about finding a spot to park your car. Some of the recent updates include a new furnace that heats up all 8 units (20K), new water tank, all windows have new flashing, updated apartments, and much more!
This home has been viewed 52 times
Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73105585)
Gross Income: $0
Gross Expenses: $10,199
Net Income Calc: $10,199
Annual Expenses for 107 Kensington Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$10,199/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10199
Annual Income & Unit Breakdown for 107 Kensington Ave, Springfield MA 01108
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 107 Kensington Ave, Springfield MA 01108
Listing ID73105585
Property TypeMulti Family / 5+ Family
Price999000 ($107.65/SqFt)
Style5-9 Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total9280
Approximate Lot Size (Acres)0.15
Total Parking12 (4 Garage)
Garage Parking4
Year Built1927
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 107 Kensington Ave, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 107 Kensington Ave, Springfield MA 01108
Real Estate Taxes10199
Tax Year2023
Assessed Value$598,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 107 Kensington Ave, Springfield MA 01108
Neighborhood(s)
Area Amenities
Contact Information for 107 Kensington Ave, Springfield MA 01108