403 Orange St
Springfield, MA 01108
- 8 beds
- 6 baths
- 6,400 sqft
- 10,001 sqft lot
- $106 per sqft
- 1911 build
- – on site
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. Open House: Sunday, April 27th from 12:00–1:00 PM.
Last checked:
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Last updated Apr 22, 2025
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MLS# 73362578 —
The Building
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Year Built:1911
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Year Built Details:Approximate
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Year Built Source:Public Records
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Construction Materials:Frame
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Roof:Shingle
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Basement:Full
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Foundation Details:Block
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Patio And Porch Features:Porch
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Levels:9
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Stories Total:9
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Stories:9
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# of Units Total:6
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Building Area Total:6400
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:24
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Interior Features:Upgraded Cabinets
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Flooring:Wood
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Fireplace:false
Room Dimensions
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Living Area:6400
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Living Area Source:Public Record
Location
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Directions:Use GPS.
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Latitude:42.093403
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Longitude:-72.554586
The Property
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Parcel Number:S:09340 P:0091,2599078
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Property Type:Residential Income
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Property Subtype:5-9 Family
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Lot Size Units:Acres
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Lot Size Area:0.23
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Lot Size SqFt:10001
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Lot Size Acres:0.23
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Zoning:R2
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Office phone:
- (781) 322-6928
Taxes
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Tax Year:2024
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Tax Book Number:24251
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Tax Annual Amount:7513
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Tax Assessed Value:467800
Beds
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Bedrooms Total:8
Baths
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Total Baths:6
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Total Baths:6
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Full Baths:6
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
Utilities
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Range
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
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Parking Total:12
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Parking Features:Paved Drive
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/22/25
Apr 22, 2025
|
Listed / Active | MLSPIN | $679,000 | 1840.0% (74.2% / YR) |
7/3/00
Jul 3, 2000
|
MLSPIN | $35,000 |