$679,000 ($106.09 per sqft)

Est. Mortgage $3,478/mo *

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403 Orange St, Springfield, MA, 01108

403 Orange St, Springfield, MA, 01108
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24 rooms

8 beds

6 Full baths

1911

6,400 sqft

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.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

R2

Heating:

Electric

Basement:

Full, Unfinished

Levels:

9

Parking:

12-car, Paved Drive, Off Street, Paved

Acreage:

0.23

Est. Taxes:

$7,513

Assessment

$467,800

Construction

Frame

Amenities:

Public Transportation, Park, Highway Access

Appliances:

Range, Refrigerator

MLS #:

73362578

Compensation Based On:

Net Sale Price

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Kevin Li, MP Signature Realty LLC Phone: 781-322-6928