$679,000
403 Orange St
Springfield, MA, 01108
Turn-key 6-family investment in Springfield generating over $91K in annual gross rental income, with five units rented and one freshly updated, rent-ready unit vacant. The property includes two 2-bedroom units and four oversized 1-bedroom units, each with a bonus office/den. Most units have been renovated with new vinyl plank flooring, updated kitchens, and modernized bathrooms. Tenants pay all utilities, with separate electric and gas meters; owner covers water/sewer. Lead certificates are available for two units. Situated on a 10,000 sq ft lot with a paved parking area for 12 vehicles, offering potential for additional rental income or future development. Professionally managed and well-maintained, this asset presents strong cash flow with long-term upside.
Property Details
Price:
$679,000
MLS #:
73362578
Status:
Active
Beds:
8
Baths:
6
Address:
403 Orange St
Type:
Multi Family
Subtype:
5-9 Family
City:
Springfield
Listed Date:
Apr 22, 2025
State:
MA
Finished Sq Ft:
6,400
Total Sq Ft:
6,400
ZIP:
01108
Lot Size:
10,001 sqft / 0.23 acres (approx)
Year Built:
1911
Units:
6
Schools
Interior
Appliances
Range, Refrigerator
Bathrooms
6 Full Bathrooms
Flooring
Wood, Vinyl, Carpet, Varies
Heating
Electric
Exterior
Community Features
Public Transportation, Park, Highway Access
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
12
Roof
Shingle
Financial
Tax Year
2024
Taxes
$7,513
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of MP Signature Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
403 Orange St
Springfield, MA
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