Overview Property Details Payment Calculator Walkability

Active

156 Kensington Ave, Springfield MA 01108

$480,000

Estimated $1,275.24/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $120,000

Total Rent: 40800/year

Estimated CAP Rate: 5.78%

6 Bedrooms

4 Full Baths

3,822 SqFt

Total Parking: 3

5,493 SqFt

Rare Find for Savvy Investors! This 4-unit home in the heart of Springfield boasts a solid income history. It features two 2-bedroom and two 1-bedroom units, each with a living room, dining/family room, and kitchen. All units have separate utilities; tenants pay all utilitie...

This home has been viewed 52 times

Last Checked: June 18th, 2025 at 5:23am (Source: MLS PIN #73354908)

Gross Income: $40,800

Gross Expenses: $13,063

Net Income Calc: $27,737

CAP Rate: 5.78%

Annual Expenses for 156 Kensington Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$13,063/year

APOD AvailableYes

Heating

Electricity$300

Water$3,000

Gas$3,000

Insurance$3,800

Sewer$3,000

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,963

Annual Income & Unit Breakdown for 156 Kensington Ave, Springfield MA 01108

Total Gross Income (Calculated)$40,800

Unit 1

Rental Income$1,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 156 Kensington Ave, Springfield MA 01108

Listing ID73354908

Property TypeMulti Family / 4 Family

Price$480,000 ($125.59/SqFt)

Style4 Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,822 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking3

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionConcrete Perimeter,Block

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 156 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$7,100

Total Gross Income By Broker$54,000

Total Net Income By Broker$46,900

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 156 Kensington Ave, Springfield MA 01108

Real Estate Taxes$5,963

Tax Year2024

Assessed Value$371,300

Financial Data SourceOwner

Total Gross Expenses By Broker$7,100

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$54,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$46,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.78%

Location Information for 156 Kensington Ave, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Shopping, Laundromat, Public Transportation

Contact Information for 156 Kensington Ave, Springfield MA 01108

Agent

Name: Tatyana Sherban

MLS ID: K9502839

Office ID: AN6641

National Association ID: 453009408

Address: 66 Summer Street

City: Westborough

State: MA

Zip: 01581

Office

Name: Keller Williams Pinnacle MetroWest

MLS Office ID: AN6641

Phone: 508-754-3020

Team Members

Name: Michael Shtalman

MLS ID: CN207205

Office ID: AN6641

National Association ID: 449585538

Phone: 508-683-9111

City: Westborough

State: MA

Payment Calculator

$3,454.53 per month

30 Years Fixed, 6.75% Interest

Property Taxes $496.92

Principal & Interest $2,957.61

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Pinnacle MetroWest

Tatyana Sherban

Agent Phone

Office Phone

(508) 754-3020

Text Agent Call Agent Call Office

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EXIT

Active

156 Kensington Ave, Springfield MA 01108

$480,000

Annual Expenses for 156 Kensington Ave, Springfield MA 01108

Annual Income & Unit Breakdown for 156 Kensington Ave, Springfield MA 01108

General Information for 156 Kensington Ave, Springfield MA 01108

Disclosures for 156 Kensington Ave, Springfield MA 01108

Financial Information for 156 Kensington Ave, Springfield MA 01108

Location Information for 156 Kensington Ave, Springfield MA 01108

Contact Information for 156 Kensington Ave, Springfield MA 01108

Agent

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Exclusive Listing Agent

Keller Williams Pinnacle MetroWest

Tatyana Sherban