Exceptional investment opportunity in Springfield's desirable Forest Park neighborhood! This two-family offers two spacious apartments with lead certificates. Each unit features 2 bedrooms, a full bath, a bright living room, formal dining room, and an eat-in kitchen, providing comfortable layouts that appeal to tenants. Outside, a covered front porch, fenced yard, and off-street parking add to the property's everyday convenience and tenant appeal. An unfinished third floor presents the possibility additional living space for the second floor apartment, subject to buyer verification, municipal approvals, and due diligence. Whether you're looking to expand your investment portfolio or secure an income-producing property with long-term potential, this multifamily is one you won't want to miss.
This home has been viewed 2 times
Last Checked: July 25th, 2026 at 7:18am (Source: MLS PIN #73554184)
Gross Income: $35,700
Gross Expenses: $3,857
Net Income Calc: $31,843
Water Views
Annual Expenses for 20 Kenwood Terrace, Springfield MA 01108
Total Gross Expenses (Calculated)$3,857/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3857
Annual Income & Unit Breakdown for 20 Kenwood Terrace, Springfield MA 01108
Total Gross Income (Calculated)$35,700
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 20 Kenwood Terrace, Springfield MA 01108
Listing ID73554184
Property TypeMulti Family / 2 Family
Price400000 ($98.79/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
MLS AreaForest Park
Neighborhood(s)
Approximate Living Area Total4049
Approximate Lot Size (Acres)0.16
Total Parking8 (2 Garage)
Garage Parking2
Year Built1908
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 20 Kenwood Terrace, Springfield MA 01108
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
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 20 Kenwood Terrace, Springfield MA 01108
Real Estate Taxes3857
Tax Year2025
Assessed Value$246,000
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 20 Kenwood Terrace, Springfield MA 01108
Neighborhood(s)
MLS AreaForest Park
Area AmenitiesWalk/jog Trails
Contact Information for 20 Kenwood Terrace, Springfield MA 01108