1. Massachusetts
  2. Springfield
  3. 403 Orange St
$679,000

403 Orange St, Springfield, MA 01108

  • 8 beds |
  • 6 baths |
  • 6,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Listing Office:
MP Signature Realty LLC : 781-322-6928
Listing Agent:
Kevin Li : 617-257-3595
MLS ID:
73362578
  • General: Upgraded CabinetsBathroom With TubRemodeledBathroom with Shower StallLiving RoomKitchenOffice/Den
  • Appliances: RangeRefrigerator
  • Basement: FullUnfinished
  • Flooring: WoodVinylCarpetVaries
  • Heating: Electric
  • Fireplace: Fireplaces: 0

This listing courtesy of Kevin Li, MP Signature Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

White Street

300 White St, Springfield, MA, 01108

Grades KG-5

0.23 miles away

F

Forest Park Middle School

46 Oakland St, Springfield, MA, 01108

Grades 6-8

0.71 miles away

L

Liberty Preparatory Academy

37 Alderman St, Springfield, MA, 01108

Grades 10-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.