$695,000
$649,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
89 Kensington Ave Springfield, MA 01108
10 Beds
6 Baths
5,701 SqFt
Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,701 sqft
Price per Sqft $121
MLS Listing ID 73262131
Sold Date 09/20/24
Bedrooms 10
Full Baths 6
Year Built 1924
Annual Tax Amount $7,155
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
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.
Location
State MA
County Hampden
Zoning R3
Direction Use GPS
Rooms
Basement Full
Interior
Interior Features Other, Living Room, Kitchen
Exterior
Community Features Public Transportation, Other
Waterfront false
Garage No
Building
Lot Description Corner Lot
Story 7
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Azik Gamidov • ROVI Homes