33 Kenwood Ter, Springfield MA 01108
Springfield, MA 01108 • Forest Park
$400,000
Est. $2,668/month
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 25, 2026
$400,000
Original listing
Agent: Susan Rheaume
Office: Landmark, REALTORS®
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/25/2026 | 🏠 Listed for Sale | $400,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,342 | $340,700 |
Financial Details
Annual Property Tax
$5,342
Tax Year 2025
Assessed Value
$340,700
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1907
Living Area
3,586 sq ft
Lot Size
0.16 acres
Stories
2
Bedrooms
8
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$1,675/mo · Y
Total Monthly Rent
$1,675/mo
Gross Income
$19,200
Net Operating Income
$19,200
Cap Rate
4.80%
Interior
Heating
Steam
Cooling
Window Unit(s), None
Flooring
Carpet, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
5
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,342
Assessed Value
$340,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Third Floor Has 4 Bedrooms. Some Photos Are Virtually Staged.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
brown
Sq Ft Source
Public Record
Documents
None
County
Hampden
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1907
Bedrooms
8
Full Bathrooms
2
Living Area
3,586 sq ft
Total Rooms
10
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,586 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Insulated Windows
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1907
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
2
Heating, Cooling & Utilities
Heating:
Steam
Heating Zones:
2
Cooling:
Window Unit(s), None
Hot Water:
Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Springfield School District local
D
Where Graduates Go
Class of 2021
36%
attend college
20%
4-Year
16%
2-Year
3%
Out of State
3%
Working
School Safety
2024-25
5.9%
Above Average
5.1%
Suspensions
1.4%
In-School
0.8%
Emergency
0.4% above state avg
Elementary Schools
3 schools
D
Kensington International School
0.3 mi
|
#763 of 824
|
Score: 31.4
Dropped 105 spots from last year
-26.8 below state avg
278 students
Moderate
Grades PK-05
B-
White Street School
0.5 mi
|
#479 of 824
|
Score: 45.4
Improved 39 spots from last year
-12.9 below state avg
378 students
Moderate
Rising School
Grades PK-05
C-
Washington School
0.7 mi
|
#718 of 824
|
Score: 34.2
Improved 14 spots from last year
-24 below state avg
430 students
Diverse
Grades PK-05
Middle Schools
3 schools
F
Forest Park Middle School
0.1 mi
|
#343 of 352
|
Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students
Diverse
Grades 06-08
Springfield Commonwealth Academy
1.1 mi
Grades 06-08
F
South End Middle School
1.3 mi
|
#350 of 352
|
Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students
Moderate
Grades 06-08
High Schools
3 schools
Pope Francis Preparatory School
1.4 mi
18 sports
• 1,124 athletes
Strong Athletics
Grades 09-12
C-
High School of Commerce
1.6 mi
|
#286 of 346
|
Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students
Moderate
11 sports
• 554 athletes
Early College Program
College Ready Curriculum
Grades 09-12
C
Emergence Academy
1.6 mi
|
#21 of 25
|
Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students
Diverse
Rising School
Diverse Student Body
Grades 06-12
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Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$445
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Forest Park
33 Kenwood Ter, Springfield MA 01108
Springfield, MA 01108
Listing Information
Listing Agent
Susan Rheaume
Listing Office
Landmark, REALTORS®
Office Phone
413-596-4500
Agent MLS ID
M9500880
Office MLS ID
M39600
Listing Data Updated
Aug 25, 2026 10:57 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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