Excellent investment opportunity in Springfield's Forest Park neighborhood. This four-family property features four spacious 3-bedroom units with lead certificates on file. Two units are currently occupied, providing immediate rental income, while two vacant units offer the opportunity to increase cash flow at current market rents or accommodate an owner-occupant. Conveniently located near schools, shopping, restaurants, parks, public transportation, and major commuter routes. Whether you're looking to expand your portfolio or live in one unit while collecting rental income from the others, this property offers strong potential. Buyer and buyer's agent to perform due diligence and verify all information.
This home has been viewed 23 times
Last Checked: June 19th, 2026 at 10:53am (Source: MLS PIN #73532381)
Gross Income: $42,600
Gross Expenses: $6,288
Net Income Calc: $36,312
Water Views
Annual Expenses for 128-130 Kensington Ave, Springfield MA 01108
Total Gross Expenses (Calculated)$6,288/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6288
Annual Income & Unit Breakdown for 128-130 Kensington Ave, Springfield MA 01108
Total Gross Income (Calculated)$42,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 128-130 Kensington Ave, Springfield MA 01108
Listing ID73532381
Property TypeMulti Family / 4 Family
Price549999 ($77.95/SqFt)
Style4 Family - 4 Units Side By Side
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total7056
Approximate Lot Size (Acres)0
Total Parking0
Garage Parking0
Year Built1923
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 128-130 Kensington Ave, Springfield MA 01108
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv On The Deck And Garage Tv
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 128-130 Kensington Ave, Springfield MA 01108
Real Estate Taxes6288
Tax Year2025
Assessed Value$401,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 128-130 Kensington Ave, Springfield MA 01108
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesWalk/jog Trails
Contact Information for 128-130 Kensington Ave, Springfield MA 01108