Overview Property Details Payment Calculator Walkability

Pending

36 Kensington Ave, Springfield MA 01108

$475,000

Estimated $1,200.88/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $118,750

Total Rent: 47160/year

Estimated CAP Rate: 6.26%

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 #73358117)

Gross Income: $47,160

Gross Expenses: $17,437

Net Income Calc: $29,723

CAP Rate: 6.26%

Annual Expenses for 36 Kensington Ave, Springfield MA 01108

Total Gross Expenses (Calculated)$17,437/year

APOD AvailableYes

Heating

Electricity

Water$2,438

Gas$2,438

Insurance$6,554

Sewer$2,438

Trash Removal$3,277

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,168

Annual Income & Unit Breakdown for 36 Kensington Ave, Springfield MA 01108

Total Gross Income (Calculated)$47,160

Unit 1

Rental Income$1,350

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,280

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 36 Kensington Ave, Springfield MA 01108

Listing ID73358117

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 MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor SpaceEnclosed, Porch

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 36 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 Source

Total Gross Expenses By Broker$12,269

Total Gross Income By Broker$47,160

Total Net Income By Broker$47,160

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 36 Kensington Ave, Springfield MA 01108

Real Estate Taxes$5,168

Tax Year2024

Assessed Value$321,800

Financial Data Source

Total Gross Expenses By Broker$12,269

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$47,160

BostonRealEstate.com Gross Income

Total Net Income By Broker$47,160

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.26%

Location Information for 36 Kensington Ave, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Shopping, Park, Laundromat, Public Transportation

Contact Information for 36 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

$3,357.47 per month

30 Years Fixed, 6.75% Interest

Property Taxes $430.67

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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    [description] => 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, 2-bedroom units and (2) 4-room, 1-bedroom units – ideal for maximizing rental potential and attracting a diverse tenant base. These properties have seen numerous updates and upgrades and feature separate utilities and lead compliance certification—making ownership smooth and worry-free. Off-street parking adds everyday convenience for tenants, while professional management ensures a truly hands-off investment experience. Whether you're growing your portfolio or seeking a rock-solid asset with consistent cash flow, this opportunity is one you don’t want to miss. Sold together with mls #73358113 for $950K
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EXIT

Pending

36 Kensington Ave, Springfield MA 01108

$475,000

Annual Expenses for 36 Kensington Ave, Springfield MA 01108

Annual Income & Unit Breakdown for 36 Kensington Ave, Springfield MA 01108

General Information for 36 Kensington Ave, Springfield MA 01108

Disclosures for 36 Kensington Ave, Springfield MA 01108

Financial Information for 36 Kensington Ave, Springfield MA 01108

Location Information for 36 Kensington Ave, Springfield MA 01108

Contact Information for 36 Kensington Ave, Springfield MA 01108

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Maher Khatib