Sold
403 Orange St, Springfield, MA
Springfield · MA 01108
- $650,000
- Price
- 8
- Beds
- 6
- Baths
- 6400
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1911
Units:
6 Units
Lot size:
0.23 Acre Lot
Price per square foot:
$106 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
Turn-key 6-family investment in Springfield generating over $91K in annual gross rental income. All six units are currently rented, offering immediate cash flow. 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.
Neighborhood & Transit
403 Orange St, Springfield · MA 01108
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 512 days
- Listing Price:
- $679,000
- Price per Sq.Ft:
- $106
- Tax Assessment:
- $467,800 in 2024
- Taxes:
- $626 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,400 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 6400
- Flooring
- Unknown
- Lead paint
- Certified Treated, Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, Other (See Remarks), Individually Metered
Exterior Features
- Lot Size
- 10,001 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Stucco
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kevin Li
- Listing office
- MP Signature Realty LLC
- MLS PIN #
- 73362578
- Disclosure
- Buyer to verify all information. One unit is vacant with market rents stated. All tenants are in good standing. All information deemed accurate but not guaranteed.
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