403 Orange St, Springfield MA 01108
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.
Facts & Features
Property Overview
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Parking & Garage
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Additional Details
Location
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403 Orange St, Springfield MA 01108
Springfield, MA 01108
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Property History
Property Timeline
Listed for Sale
Apr 22, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/22/2025 | 🏠 Listed for Sale | $679,000 | - | - | Original listing |