Rare 8-Unit Investment Gem – Turnkey & Fully Managed! Here’s your chance to own two exceptionally maintained four-family properties, perfectly positioned side by side for a total of 8 income-producing units. Each building offers a well-balanced mix: (2) spacious 5-room, 2-bedroom units and (2) 4-room, 1-bedroom units – ideal for maximizing rental potential and attracting a diverse tenant base. These properties have seen numerous updates and upgrades and feature separate utilities and lead compliance certification—making ownership smooth and worry-free. Off-street parking adds everyday convenience for tenants, while professional management ensures a truly hands-off investment experience. Whether you're growing your portfolio or seeking a rock-solid asset with consistent cash flow, this opportunity is one you don’t want to miss. Sold together with mls #73358117 for $950K.
42 Kensington Ave, Springfield, MA, 01108
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
