59 Kensington Ave, Springfield, MA 01108
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$475,000
4 Unit
6 Beds
4 Baths
3358 SQFT
0.15 Acre

Property Description

Don't miss out on this great investment opportunity, located in the sought-after Forest Park neighborhood! This fully rented 4-family property features two spacious 2-bedroom units and two 1-bedroom units, each offering a living room, dining/family room and kitchen. All units have a private balcony, separate utilities and lead compliance certificates. Lots of updates done over the last few years making it a turnkey option. This property is ready to generate income from day one. Don’t miss your chance to tour this ideal addition to your portfolio! Group showings Sunday 7/27/25 2-3:30PM by appointment only. Tuesday 6-7PM by appointment only. Sunday 8/3 1-2PM by appointment.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Basement Features: Concrete Floor
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 47928
  • Gross Expenses: 4635
  • INSC: 4635
  • Net Operating Income: 47928

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1922
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73409371
  • Last Updated: 07/28/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/28/2025Active$475,000$141MLSPIN
07/24/2025New$475,000$141MLSPIN

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Seller's Representative: Maria Crespo, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-28 03:05:00

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