For more information regarding the value of a property, please contact us for a free consultation.
403 Orange St Springfield, MA 01108
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $101
MLS Listing ID 73362578
Sold Date 10/29/25
Bedrooms 8
Full Baths 6
Year Built 1911
Annual Tax Amount $7,513
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Hampden
Zoning R2
Direction Use GPS.
Rooms
Basement Full, Unfinished
Interior
Interior Features Upgraded Cabinets, Bathroom With Tub, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
Heating Electric
Flooring Wood, Vinyl, Carpet, Varies
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation, Park, Highway Access
Roof Type Shingle
Total Parking Spaces 12
Garage No
Building
Story 5
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Bought with Michael Lima • Executive Real Estate, Inc.
GET MORE INFORMATION