Overview Property Details Payment Calculator Walkability

Pending

42 Kensington Ave, Springfield MA 01108

$475,000

Estimated $1,233.96/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $118,750

Total Rent: 64080/year

Estimated CAP Rate: 10.09%

6 Bedrooms

4 Full Baths

Total Parking: 8 (4 Garage)

7,562 SqFt

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, ...

This home has been viewed 15 times

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

Agent

Name: Maher Khatib

MLS ID: M9500203

Office ID: M95216

National Association ID: 452501265

Address: 15 Trial Circle

City: Springfield

State: MA

Zip: 01118

Office

Name: M B C REALTORS®

MLS Office ID: M95216

Phone: 413-886-0010

Payment Calculator

$3,390.55 per month

30 Years Fixed, 6.75% Interest

Property Taxes $463.75

Principal & Interest $2,926.80

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

M B C REALTORS®

Maher Khatib

Agent Phone

Office Phone

(413) 886-0010

Text Agent Call Agent Call Office

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EXIT

Pending

42 Kensington Ave, Springfield MA 01108

$475,000

Annual Expenses for 42 Kensington Ave, Springfield MA 01108

Annual Income & Unit Breakdown for 42 Kensington Ave, Springfield MA 01108

General Information for 42 Kensington Ave, Springfield MA 01108

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Financial Information for 42 Kensington Ave, Springfield MA 01108

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