Co-Own a Move-In Ready Ranch Home in Longmeadow

Property Overview

Location: 242 Kenmore Dr, Longmeadow, MA 01106

Total Price: $475,000 [$158.3]

Ownership Model: Co-ownership via LLC formation

Listing Status: Active

Lot Size: 0.38 acres (16,653 sqft)

Zoning: RA 1

Key Property Features

Property Type: Single Family Residence

Year Built: 1961 (Updated in [Year])

Total Living Space: 2,433 sqft

Bedrooms: 3

Bathrooms: 2 Full

Total Rooms: 6

Garage: Attached 2-car garage + ample driveway space

View: Landscaped garden and fenced yard

Landscaping: Fenced yard with sprinkler system and rain gutters

Interior Layout & Features

First Floor:

Spacious family room with hardwood floors, recessed lighting, and crown molding.

Open living room with hardwood flooring, recessed lighting, and crown molding.

Remodeled kitchen with custom-built cabinets, granite countertops, and stainless steel appliances.

Dining area with direct access to the composite deck, perfect for outdoor dining.

Primary bedroom with a full en suite bathroom and double closet.

Laundry room and mudroom for convenience.

Second and third bedrooms with ample closet space and hardwood floors.

Basement:

Partially finished with walk-out access, ideal for additional living or recreational space.

Heating & Cooling:

Baseboard heating powered by natural gas and ductless systems for cooling.

Two gas fireplaces, one in the family room and one in the living room, providing added warmth and ambiance.

Outdoor & Community Features

Deck: Composite deck for outdoor dining and relaxing.

Fencing: Fully fenced yard with a dog run for pets.

Parking: Two-car garage plus additional parking for 4 vehicles on the paved driveway.

Community Amenities: Public transportation, shopping, parks, golf, bike path, and easy access to highways, schools, and more.

Why This Property is a Smart Investment?

Convenient Location: Close to parks, shopping, and public schools.

Affordable Co-ownership: Share the costs with 6 co-owners, making it easy and cost-effective to own a beautiful home.

Spacious Design: 2,433 sqft of living space with modern updates and charming features.

Investment Opportunity: Co-ownership makes it affordable to invest in this prime Hampden property.

How Co-Ownership Works

Join as a Co-Owner: Seeking 6 co-investors, each contributing 1/6th of the purchase price.

Secure Your Share: Pay the refundable platform fee to reserve your spot as a co-owner.

Finalize the Purchase: Once all shares are secured, the funds will be held in escrow, and the purchase will move forward.

Form an LLC for Ownership: An LLC will be created to manage the property and define usage rights.

Enjoy Your Home: Scheduled access ensures all co-owners enjoy the property throughout the year. Maintenance and costs will be shared equally among all owners.

FAQs

Can I sell my share in the future?

Yes! Your 1/6th ownership stake can be sold at any time, just like traditional real estate.

What if I want to rent out my time?

Rental policies will be determined by the co-owners within the LLC.

What if I change my mind?

The platform fee is fully refundable if the deal does not go through.

Who manages the property?

A professional property management company will handle maintenance, with expenses shared equally among co-owners.

Take the Next Step Toward Co-Ownership

This is your chance to own a beautiful home in Hampden for a fraction of the cost. Don’t miss out on this exclusive co-ownership opportunity!

📞 Call: 774-296-8985

📧 Email: support@invastor.com

🌐 Website: invastor.com