89 Kensington AvenueSpringfield, MA 01108MLS Number 73262131

  • Price: $649,900
  • Est. Mortgage of $/month
  • 63 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 10Bedrooms
  • 0.13Acreage
  • 6Bathrooms
  • 1924Year Built

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Investment opportunity: Fully leased 6-family property near downtown Springfield with four 2-bedroom units and two 1-bedroom units. Several units have been renovated to high-end, modern condo-quality finishes, and others have been updated with new kitchens, floors, and bathrooms. All units have lead certificates. The property is professionally managed and has recently undergone updates including a brand new roof replaced in 2023, newly redone siding, and newly built front steps and porch. Tenants pay all utilities except for hot water. Currently, the property generates over $92k annually in gross rental income.
Listed by Kevin Li of MP Signature Realty LLC

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More Info

Basic Information

  • Gross Income $92,280
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number S:07230 P:0062,2590367
  • Rent Includes Unit 1(Hot Water), Unit 2(Hot Water), Unit 3(Hot Water), Unit 4(Hot Water)

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationBlock
  • Rooms22
  • Stories7
  • Units6
  • Year Built1924
  • Year Built Details Actual, Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2
  • Date Listed07/10/2024
  • Farm Land Area Units Square Feet
  • View Count3

Tax Information

  • Tax Assessed Value $445,500
  • Tax Year 2024
  • Taxes$7,155

Basic Information

  • List Price$649,900
  • MLS Number73262131
  • Modification Date09/05/2024
  • Property SubType5-9 Family
  • Purchase Contract Date07/20/2024
  • Sale Date07/20/2024

Property

  • Acreage0.13

Interior

  • Interior Features Other, Living Room, Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 5,701
  • Lot Size Square Feet 5,702
  • Lot Size Units Acres
  • Square Feet5,701

Parking

  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms10
  • Full Bath6

Location

  • Address89 Kensington Avenue
  • Building Number89
  • CountyHampden
  • StateMA
  • StreetKensington Avenue
  • TownSpringfield
  • Zip01108

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Other
  • Other AmenitiesBasement
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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