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33 Kenwood Ter, Springfield MA 01108

$385,000

Estimated $1,069/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $192,500

Total Rent: 20100/year

Estimated CAP Rate:

8 Bedrooms

Baths

3586

Total Parking: 7 (2 Garage)

6,939 (0.16)

Opportunity takes center stage at 33 Kenwood Terrace, a substantial multifamily property offering eight bedrooms, two bathrooms, and 3,586 square feet of interior space. Designed for buyers who value flexibility, this Springfield residence presents an appealing path to rental income, multigenerational living, or an owner-occupied strategy that helps offset monthly expenses. Across the property, the generous bedroom count creates versatility for household needs, home offices, or additional personal space. The overall footprint offers room to shape each residence around modern routines while preserving the character and scale that make multifamily homes so practical. Investors can appreciate the potential for an income-producing configuration, while first-time multifamily buyers may see an opportunity to build equity and establish a long-term real estate foothold. Location adds another strong advantage. Forest Park is nearby, placing expansive green space, recreation, and neighborhood amenities within easy reach. Bright Nights at Forest Park, a celebrated seasonal Springfield attraction, is also just moments away. Downtown destinations, dining, shopping, and major routes are readily accessible, supporting tenant appeal and day-to-day convenience. For buyers seeking considerable space and income potential at an attractive price point, this new listing deserves attention. Whether you’re expanding a portfolio or planning to live on-site while leasing additional space, the possibilities are compelling. Explore the layout, evaluate the numbers, and envision how this versatile Forest Park-area property can support your goals for years to come.

This home has been viewed 3 times

Last Checked: October 5th, 2026 at 5:18am (Source: MLS PIN #73567786)

Gross Income: $20,100

Gross Expenses: $5,342

Net Income Calc: $14,758

Water Views

Annual Expenses for 33 Kenwood Ter, Springfield MA 01108

Total Gross Expenses (Calculated)$5,342/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5342

Annual Income & Unit Breakdown for 33 Kenwood Ter, Springfield MA 01108

Total Gross Income (Calculated)$20,100

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 33 Kenwood Ter, Springfield MA 01108

Listing ID73567786

Property TypeMulti Family / 2 Family

Price385000 ($107.36/SqFt)

Style2 Family - 2 Units Up/down

CitySpringfield

CountyHampden

MLS AreaForest Park

Neighborhood(s)

Approximate Living Area Total3586

Approximate Lot Size (Acres)0.16

Total Parking7 (2 Garage)

Garage Parking2

Year Built1907

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 33 Kenwood Ter, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 33 Kenwood Ter, Springfield MA 01108

Real Estate Taxes5342

Tax Year2025

Assessed Value$340,700

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 33 Kenwood Ter, Springfield MA 01108

Neighborhood(s)

MLS AreaForest Park

Area AmenitiesWalk/jog Trails

Contact Information for 33 Kenwood Ter, Springfield MA 01108

Agent

Name: Susan Rheaume

Office

Name: Landmark, REALTORS®

Phone: 413-596-4500

Payment Calculator

, Interest

Property Taxes 445.17

Principal & Interest 2372.25

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Landmark, REALTORS®

Susan Rheaume

Agent Phone

Office Phone

(413) 596-4500

Text Agent Call Agent Call Office

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EXIT

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