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.

Features

Heating System : Electric

Basement : Full, Unfinished

Parking : Off Street, Paved, Paved Drive

Appliances : Range, Refrigerator

Construction : Frame

Flooring : Wood, Vinyl, Carpet, Varies

Sewer : Public Sewer

Water : Public

Disclosure : Property Conveys With Second Lot In Attleboro (0 South Main Street

Electric Feature : Circuit Breakers, Individually Metered, Common

Garage Parking

Interior Features : Kitchen, Upgraded Cabinets, Bathroom With Shower Stall, Bathroom With Tub, Office/den, Living Room, Remodeled

Lead Paint : Unknown, Certified Treated

Rent Fee Includes : Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Additional Information

Market Time : 8

Parking Spaces : 12

Tax Year : 2024

Status : Active

Price Per Sqft : $106

Zoning : R2

No Units : 6

Orig Price : $679,000

LEASE : Yes

Waterfront : No

MlsStatus : Active

Address Map

City : Springfield

State : Massachusetts

County : Hampden

Postal Code : 01108

Longitude : W73° 26' 43.5''

Latitude : N42° 5' 36.3''

Google Map

Residential Income

403 Orange St, Springfield, Massachusetts

8 Bedrooms

6 Bathrooms

10,001 Sqft

$679,000

Listing ID #73362578

Basic Details

Property Type : Residential Income

Listing Type : For Sale

Price : $679,000

Bedrooms : 8

Rooms : 24

Bathrooms : 6

Square Footage : 10,001 Sqft

Year Built : 1911

Lot Area : 0.23 Acre

Listing ID : 73362578

BathroomsFull : 6

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Agent info

srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.