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403 Orange St, Springfield, MA 01108

Beds
8
Baths
6
Sqft
6,400

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMP Signature Realty LLC
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
5
Number of bedrooms
8
Number of bathrooms
6
Square feet
6,400
Lot size (acres)
0.23
Year built
1911

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$7,513

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73362578 Last checked:

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