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Closed

95-97 Kensington Ave., Springfield MA 01108

$318,500

Estimated $810.28/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $106,166.67

Total Rent: 12600/year

Estimated CAP Rate: 0.46%

7 Bedrooms

3 Full Baths

3,197 SqFt

Total Parking: 4

7,828 SqFt

ALL OFFERS IN BY SATURDAY 22nd AT 2..This 3 family is in wonderful condition inside, spacious rooms and the mechanics are pretty awesome. The best part which makes this an incredible money maker is everything is set up so tenants pay for their own utilities on top of paying rent. APO Owners expenses are minimal. I asked the Sellers to not put tenants in the first 2 units as many people are looking for a multi with 2 vacant units. The1st floor has 3 bedrooms, the small one would be a great nursery, all the other bedrooms throughout are a good size. APO the managent company is replacing the front porch handrails and repainting the patched hallway going to the second floor. I don't usually say this but if your looking for a multi in really good condition and minimal owner expenses you don't want to miss this one. Hook ups for all 3 units in basement for washers and dryers! More pictures will be put in tomorrow. (READ FIRM REMARKS)

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 12:26pm (Source: MLS PIN #73137278)

Gross Income: $12,600

Gross Expenses: $11,126

Net Income Calc: $1,474

CAP Rate: 0.46%

Annual Expenses for 95-97 Kensington Ave., Springfield MA 01108

Total Gross Expenses (Calculated)$11,126/year

APOD AvailableNo

Heating

Electricity$943

Water$3,218

Gas$3,218

Insurance$2,639

Sewer$3,218

Trash Removal$370

Repair & Maintenance

Management

Miscellaneous$370

Real Estate Tax$3,526

Annual Income & Unit Breakdown for 95-97 Kensington Ave., Springfield MA 01108

Total Gross Income (Calculated)$12,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,050

LeaseY

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit0

HeatingYes

Rent Includes

General Information for 95-97 Kensington Ave., Springfield MA 01108

Listing ID73137278

Property TypeMulti Family / 3 Family

Price$318,500 ($99.62/SqFt)

Style3 Family - 3 Units Up/down

CitySpringfield

CountyHampden

MLS AreaForest Park

Neighborhood(s)

Approximate Living Area Total3,197 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking4

Garage Parking

Year Built1912

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 95-97 Kensington Ave., Springfield MA 01108

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$7,230

Total Gross Income By Broker$31,798

Total Net Income By Broker$24,568

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 95-97 Kensington Ave., Springfield MA 01108

Real Estate Taxes$3,526

Tax Year2023

Assessed Value$206,800

Financial Data SourceOwner

Total Gross Expenses By Broker$7,230

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$31,798

BostonRealEstate.com Gross Income

Total Net Income By Broker$24,568

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.46%

Location Information for 95-97 Kensington Ave., Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaForest Park

Area AmenitiesHouse Of Worship, Public School, Medical Facility, Public Transportation

Contact Information for 95-97 Kensington Ave., Springfield MA 01108

Agent

Name: Donna Taylor

Office

Name: Keller Williams Realty

Phone: 413-565-5478

Payment Calculator

, Interest

Property Taxes 293.83

Principal & Interest 1962.5

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Donna Taylor

Agent Phone

Office Phone

(413) 565-5478

Text Agent Call Agent Call Office

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EXIT

Closed

95-97 Kensington Ave., Springfield MA 01108

$318,500

Annual Expenses for 95-97 Kensington Ave., Springfield MA 01108

Annual Income & Unit Breakdown for 95-97 Kensington Ave., Springfield MA 01108

General Information for 95-97 Kensington Ave., Springfield MA 01108

Disclosures for 95-97 Kensington Ave., Springfield MA 01108

Financial Information for 95-97 Kensington Ave., Springfield MA 01108

Location Information for 95-97 Kensington Ave., Springfield MA 01108

Contact Information for 95-97 Kensington Ave., Springfield MA 01108

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty

Donna Taylor