Rare 8-Unit Investment Gem – Turnkey & Fully Managed! Here’s your chance to own two exceptionally maintained four-family properties, perfectly positioned side by side for a total of 8 income-producing units. Each building offers a well-balanced mix: (2) spacious 5-room, ...
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Last Checked: May 21st, 2025 at 10:20am (Source: MLS PIN #73358113)
Gross Income: $64,080
Gross Expenses: $16,151
Net Income Calc: $47,929
CAP Rate: 10.09%
Annual Expenses for 42 Kensington Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$16,151/year
APOD AvailableNo
Heating
Electricity
Water$1,370
Gas$1,370
Insurance$6,479
Sewer$1,370
Trash Removal$2,737
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,565
Annual Income & Unit Breakdown for 42 Kensington Ave, Springfield MA 01108
Total Gross Income (Calculated)$64,080
Unit 1
Rental Income$1,400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,490
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$1,050
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 4
Rental Income$1,400
LeaseY
Bedrooms1
Bathrooms
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 42 Kensington Ave, Springfield MA 01108
Listing ID73358113
Property TypeMulti Family / 4 Family
Price$475,000
Style4 Family
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total
Approximate Lot Size (Acres)0.17 acres
Total Parking8 (4 Garage)
Garage Parking4 / Detached
Year Built1922
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 42 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$10,586
Total Gross Income By Broker$64,080
Total Net Income By Broker$64,080
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 42 Kensington Ave, Springfield MA 01108
Real Estate Taxes$5,565
Tax Year2024
Assessed Value$346,500
Financial Data SourceOwner
Total Gross Expenses By Broker$10,586
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$64,080
BostonRealEstate.com Gross Income
Total Net Income By Broker$64,080
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.09%
Location Information for 42 Kensington Ave, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 42 Kensington Ave, Springfield MA 01108