403 Orange St

6,400 Sq. Ft.
$102 / Sq. Ft.
6,400
Sq. Ft.
$102
per Sq. Ft.

Description

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...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.
  1. Listed by Kevin Li • MP Signature Realty LLC

Property Details for 403 Orange Street

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
12.00
Parking Spaces Total
12
LISTING CLOSED: 10/29/2025 12:00 AM

Property Details for 403 Orange Street

StatusSold
MLS #73362578
Days on Market119
Taxes$7,513 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1911
CountyHampden County

Location

Listing Courtesy of MP Signature Realty LLC, Kevin Li

Sold By Executive Real Estate, Inc., Michael Lima

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Building Information for 403 Orange Street

Stories5Residences6Year Built1911Building Size-Lot Size0.23 AC / 10,001 SF

Payment Calculator

$3,930 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$626

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 403 Orange Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Highway Access
  • Current Financing: Conv Ins
  • Living Area: 6400.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Carpet, Varies
  • Interior Features: Upgraded Cabinets, Bathroom With Tub, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Buyer to verify all information. All tenants are in good standing. All information deemed accurate but not guaranteed.
Tax Information
  • Tax ID: S:09340 P:0091,2599078
  • Assessments: $467,800
  • Book: 24251
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Block
  • Levels: 5
Income / Expenses
  • GOI: $91,500.00
  • NOI: $91,500.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,625.00

Property History for 403 Orange Street

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Sold

MLS PIN #73362578

$650,000
Aug 19, 2025

Under Agreement

MLS PIN #73362578

Aug 19, 2025

Contingent

MLS PIN #73362578

DateEvent & SourcePrice
10/29/2025

Sold

MLS PIN #73362578

$650,000
08/19/2025

Under Agreement

MLS PIN #73362578

08/19/2025

Contingent

MLS PIN #73362578

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 403 Orange Street

Taxable ValueLand$32,100Additions$441,600Total$473,700
Tax Record2025$7,428 ($619 / month)
Home Facts
Total Finished SqFt6,400 SqFtAbove Grade Finished SqFt6,400 SqFtStories3Lot Size10,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1911ZoningR2CountyHAMPDENAPNSPRI S:09340 P:0091

Schools near 403 Orange Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
White Street School
PublicPK to 5

Springfield Realization Academy
Public6 to 8

High School Of Commerce
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MP Signature Realty LLC, Kevin Li

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.